My goals are buy and hold rental properties and identifying that first deal.

Next research your specific strategy (house hack, BRRRR, etc) and then identify needed team members to help you reach that goal.  

I mean, I was in dental school for 4 years before they turned me loose on the general public ;-)  My thinking is that getting experience showing homes, learning the sales process and all the associated components, learning how to identify value, etc would be extremely valuable in the face of stiff competition. 

There are definitely some tools out there that can help you to better identify what the rent prices are in your hyper-local rent market.

A good identifier is $300k gross sales are proven here by a prior businesses. 

If it listed out every possible scenario it would considerably dwarf the already very large page count.Let's see if I can help you with this....have you seen anything that specifically disallows claiming active participation based on your fact pattern? 

My agent says the only risk is that if the appraisal comes back with issues, we would have to fix them in order close the deal, which would mean the seller would have to allow us to make any identified repairs.

My agent says the only risk is that if the appraisal comes back with issues, we would have to fix them in order close the deal, which would mean the seller would have to allow us to make any identified repairs.

I do have a question - How long has it taken any of you who have purchased a multi-family - from identifying through closing, and fixing any repairs etc, to 80-90% rented?

Hi guys-We currently identified 3 properties for a 1031 exchange, and they all went under contract with different buyers.