It took me FOREVER to complete, it’s A LOT of information to get through on your own.

I'm in the middle of building my own but it's taking forever so I decided to try to do a quick search again to see if there is something good out there that is not too bulky on the property management side.

I actually built a 950sqft guest house in about 8 months during the pandemic when things took forever to get there!

In fact, my Dad has partnered with me on a couple deals for say $20K in cash, he just wants $500 forever lol. no name on the property etc, just $500/mo.I just had a triplex appraised because I wanted to use it for collateral. 

The neighbor agreed that she’s not the owner but is taking forever to sign her rights over to the deed.

Many spend more than that on college, take forever paying that back not really doing that great.

It feels like FOREVER!

some things to consider:if you'll have reserves and up front reno costs from another source, you could 1031 that whole amount into an asset around a 1mil purchase price. but if you need some of that profit for reserves and up front reno costs, the 1031 will get sticky. there are lots of 1031 companies that can go into detail on this, but you actually have to start the 1031 process before you close on the property you're selling, so it might be too late to even do this. however, if you buy a value-add multifamily and do a ton of work on it ASAP, you might be able to do a cost seg study and offset some of the tax burden. if that's not possible, you may want to set aside whatever % of the profits from this sale for taxes. working closely with an investor-friendly cpa is so important. as far as choosing a market from that list, i personally go towards cashflow, but there are so many pros and cons for every market and time makes almost every deal a good deal, so if you're going to buy a hold forever, chances are in 10y any of these cities would've been a good pick. don't get too hung up on deciding between them, just be sure to pick smart in whichever market you land in. i'm also an out of state multifamily investor - feel free to text me if you need help :)

New buildings don't stay new forever, and the 50% rule (maybe 42% or so without PM) will catch up with you and leave you with negative cash flow.I know this might sound harsh, but it is tough love as you said.

My influential short list of books which has changed me forever are;The E-myth Revisited, The Mind, Think and Grow Rich, and finally, How to Win Friends and Influence People (impacted me the most) are really good books.