They are getting a lot more restaurants in the area and the biggest draw I can think of in the area is legoland 

It's all about doing the proper background check making sure they're qualified regardless if they're on government assistance and also checking the references to make sure they are great resident.I think the biggest stereotype about section 8 is I'm a collect all this money from the government every month and I never have to do any repairs to the property.

But the biggest leap forward was actually doing a deal and getting a check.

You've done the biggest part, you just need to carry on with the good work.As it's been previously said, get around people who are in the action and you'll become like them.

I'm a shop foreman at a machine shop and some of the biggest epiphanies I've ever had (machining wise) is just talking to some of my guys and simply just picking at each others brains. 

Most people will discuss the following benefits of multifamily (1) economies of scale (2) for 5 units and above, you can impact the value of the property by increasing the NOI (3) efficiency...all units in one location (4) some regional multifamily vendors/contractors for things like painting and flooring are very affordable, quick, have systems in place and will be around for the long haul.For me, I moved to MF because I had too...not enough time to source SFR.One of the biggest challenges you will hear about MF is finding good property management if you have to outsource.  

We are in the process of setting up an LLC that will be funded by our IRA and one of the first things our attorney mentioned was the importance of not mixing anything personal with the IRA and that the biggest rule violation is travel expenses.  

It definitely isn't impossible, but in my market (San Diego) it tends to be pretty unfeasible to use anything other than cash/cash-like financing; which is true for a number of different reasons.The two biggest issues are:1.

That's the biggest downfall; folks think "zomg all cash, I can use $50k in cash that was sitting under my mattress, wahoo!"

The biggest reason to not do LLC was interest rates and the terms associated with it (adjustable 5-year, 7-year, etc); it killed our cash flow projections.We decided to put the property in his name with me on the deed.