Investment Info:Small multi-family (2-4 units) buy & hold investment in Central City. 10 acres residential Wooded What made you interested in investing in this type of deal?

I have experience as a commercial and residential real estate agent. and I'm working on acquiring a 28 unit mixed use building through owner financing, we just need some additional capital for the down payment. here's my advice for you and starting a portfolio.

Always up for a chat... whether it's over coffee or a quick call.Take care, Pat & JasperTurning investment visions into REALITY in Phoenix, AZ - Ranked #1 for residential real estate growth and opportunity by PwC

And I have a 7 figure portfolio invested in both direct real estate (via residential rentals) and syndication/crowdfunding passive investments (because I feel both have their strengths and weaknesses and I want both in my portfolio).To backup a second: You can find virtually every type of real-estate investment strategy ( core, core plus, value-added , opportunistic) and asset type ( multifamily , self storage, office, mobile home parks etc.) via syndication/crowdfunding.

I would also charge a lot more than I would for a residential rental.Honestly, I wouldn't recommend it unless you've really studied it and understand how to protect yourself and earn fair compensation.

The MLS (syndicated to Zillow, etc) is best for under 5 units because those are residential deals, not commercial.What do you mean by proprietary deal flow?

Lastly, while looking through the County Court Record I found a dismissed Eviction record filed this year Feb of 2024 on the prospect, the address listed on the record for the prospect (Defendant) is the current property they reside in but found another management company (RENU Property Management) as the plaintiff (this one was easier to look up as it operates nationally in several states).I usually have no problem with this as prospects usually reside in a known management company serviced in the area (Most are the typical corporate rental companies like First Key and Progress Residential, and some with the more known local management companies.).

Also, in my experience, if a prospective resident is telling you to replace things that are new, you probably don't want them as a resident. 

That's how I'm able to comply with the CSLB's requirements.just like another poster said, tripping over nickels to pick up pennies.to wit: its not legal to do a time n materials contract on residential properties.

It's obvious and a big turn off to smart people (for them, it's anti-marketing).