Yes, there's a place in the world for moral support, but there are far fewer people talking you off the ledge with sound advice than there are dreamers who are telling you "Oh yeah, those things sticking out of your shoulders look like wings to me - jump!"

@Curt Davis so my predicament is, I have been pre-approved, could afford the monthly payments with my salary for a while... but have never organized a rehab before, contractors, timing, design, etc.

Hey Team -A little bit of background here is that I currently have 4 rentals in Sacramento and 2 in Houston as well as completing flips but have now decided to venture into apartment complexes.Just had an offer accepted and am now trying to piece the process together as it's a bit different from what's needed from the SFR side.Some details about the purchase thus far:Purchase Price - $771,000Gross Current Rents - $8,400Potential Income - $10,200Here's what I'm asking for:Rent rollLeases for all units Profit and loss statement Operating income + expensesUtility billsMy thoughts process-wise:Receive/confirm the income + expensesConfirm condition via a property inspectionIf all checks out - complete the purchaseAside from some moral support from the BP team, my ask is if - at a high-level - I'm missing any other points?  

Moral of the story- you don't necessarily need to put it in an LLC.

(this works out to a total payout of $12,165.60 over the course of 5 years)TOTAL PROFIT: $58,765.60So, the moral to the story is--always be thinking of new and creative ways to add value to your clients.

@Carolyn Morales , have you reported it to the local Board of Realtors?  

I have a bachelors in history, which doesn’t do much in business or real estate, but I have had extensive training in “moral and ethical leadership” which I can apply anywhere.

The moral to this is to have a strategy to eventually "Go big or go home!"

@Cesar Morales I PM'd you yesterday.  

Moral of the story--- bring all your tools home, all the time, every time.