I'm working full time as an RE agent in central Florida, however, things are not going as fast as I would like.

Today on The BiggerPockets Podcast, we sit down with Bryce Stewart, a former school teacher who was able to quit his job at age 35 through the smart purchases of small multifamily properties.

I got a call today from the police department. 

In Pittsburgh it's all about location, location, location and acting fast on the good deals.

Long story short, I would love to hear about what everyone does on a day to day basis, aka what does the average day of a note investor consist of?

I'm taking action to find and close some deals today!

The owners of 100+ units can sustain and adjust since they knew at purchase this was a possibility.The new entrant to the MF space (possibly from BP since, along with the gospel of Cash Flow, another often repeated never questioned manta is that SFRs are a stepping stone to multi families) who has a few 5 or 10 plexes didn't underwrite the deal thoroughly, assumed rent growth keeping pace with expenses, and equal entrance and exit cap rates will feel the most pain. 

Im in this market for close to 2 years now, and from my experience most good large Multi family deals in Central Arkansas sell, fast and off market. 

People that bought warm belt states 7 years ago at prices in cold belt states today good luck replicating that in today's environment.

I didn't inquire into the details, but it would be my guess (given that particular state) that the owner was also sued.In my case, one of the reasons I have a property manager is risk mitigation (beyond wanting nothing to do with the day to day hand holding of tenants).