They’ll ask you for an endless number of quotes.

Obviously we haven't held for even a full year, but an exchange intermediary told me there is no bright line test for holding.     

It makes the review of the rental agreement interesting and helps the tenants remember the terms.One of our tenants rented an apartment from us for several years, moved away for some years when they needed a bigger space, then moved back to our apartments when they needed a smaller space again.

I thought it was an odd place for a meetup for Orange County.

We can provide further insight if you have an actual zip code in mind.

The people involved in the transaction may know the lender and their reputation to close deals giving your offer an advantage.

Yes absolutely to start off I am looking at 2-4 unit multifamily properties.The part where you mentioned about going out into the market and not just sitting behind a computer screen, that's one of the biggest things that has kept me from making any significant moves so far.The first thing I want to learn is how an investor analyses a property (not only using numbers, but qualitatively), and I think going out and looking at real deals and talking to investors is the way forward.Thanks a lot for your response.

I’ve been working hard on an AI-driven Quick Analysis tool that cuts down underwriting time by 92%.

After a quick search though, it looks like you would partner with a wholesaler and bring the earnest money that ties up the deal until they found an end buyer.

How would you suggest I handle an expense like let's say new HVAC system is needed a month or so after we close the deal on the portfolio?