Getting a 2nd is extremely difficult and for those who buy seconds or are considering them here is an example of "what the guru does not teach you"In Georgia, a non-judicial state, a foreclosure is not done through the courts.

BRRRR is quite difficult in this market.

I am looking for a 4-plex in the area and I have a difficult time finding good deals.

For starters it can be more difficult to find comps as there are often less multi fam trading than SFR of the same size and count.

This alone can dramatically reduce the page’s conversion rate.To make matters worse, the same issue persists on mobile devices.Conclusion: Don’t make it difficult for your visitors to leave their contact information.

The assets become difficult to operate as the price points are disproportionately impacted  by operating expenses and  cap ex.

That's how many of the larger complexes get funding to buy and rehab buildings,, that the normal small investor can not afford.Section 8 like other government programs has difficult aspects to it to manage, the people on section 8 are like a bushel of apples, some good some rotten to the core, and when mixed together the entire bushel tends to go rotten if the rotten apples aren't tossed out of the bushel.LOTS of paperwork and inspections and the inspectors are just as complicated as the tenants sometimes.

@Joel Siguaw It is my opinion that starting out as a rookie trying to focus on Section 8 is difficult.

I think its definitely feasible to manage yourself if you just have the one property, it may be slightly more difficult from out of state but you can definitely still make it work.

.- I can invest across different types of deals unusual or difficult for a smaller investor (multi-family, opportunistic/distressed offices, hotels, etc.).- I don't need to put up as much upfront equity as I would need to for doing it myself and I can use that capital across multiple deals.- Pricing 'should' be better from the perspective of fees, contractors, rates, etc. that the sponsor gets vs. me as a solo investor.- I don't care if the investment is less liquid vs. an ETF or REIT and I would aim to hold it for 5+ years at the bare minimum.Some other questions I had and would appreciate any advice:- Is an average minimum of 12-15% irr reasonable for syndicated deals ($10mm - $100mm) with an experienced sponsor?