Thank you,I'm new to this type of investing (more familiar with buying businesses) so I'm cobbling together information from brokers, chatGPT and everything in between to figure out what I need to (at reasonable cost while controlling risk profile) complete an acquisition.Facility is in rural Kansas, and is composed of a portfolio of 4 buildings on 3 parcels. 195 unit count - ~10 years old on average, some are newer (2 years) others older (15+ years)I'm trying to learn what I should watch out for in the process and what studies will be needed to get a good level of comfort before acquiring the facilities

If don’t it’s a lawsuit waiting to happen Plan on running this like a business.

Due to high cost of doing business in CA we are adding 3% charge ….  

My problem is that I would love to scale my business.

Hi, I'm looking to start MTR business in Socal.

Make sure you have business cards that you can give out. 

My criteria is actually similar to yours:Purchase Price: $450k-$600kRehab cost: $100k - $200kMy partner, Jake, and I have experience in construction and want to put in sweat equity, but need capital to execute our strategy.

@Andrew Bonavita I think the most important part of this business is to take the time to learn your market.

Being the losing bidder on every opportunity means you never buy anything (whether it's SFR, MFR, a business, etc.). 

I have started a property management LLC company to manage these properties for myself and hope to grow that business as well.