Posting on a local RE group in that area might be a good option as well to get recommendations from others

I've been in REI a long time and have seen the good, the bad, and the ugly, but $60k of damage from one tenant indicates gross negligence on the part of the property manager.I'd suggest three things: 1) Study the contract you have with the PM company, and talk with your attorney ASAP to see whether a lawsuit is feasible/advisable, 2) Get at least three bids from other contractors on the repairs (and before you hire any contractors, study up thoroughly on how to properly vet and manage contractors--there's plenty of info about this on BP) 3) Don't do any more business with the PM company (or any contractors they refer), and keep them at arm's length while you discuss your legal options with your attorney.

We have selected the builder plan and options for the structural changes back in January 2024.

Hey Lucas, another option instead of creative financing is a DSCR loan for an investment property.

Hard work and sacrifice will work as a magnet for people to help you because they see you going through what they went throughFor financing options I like the BP book "investing with no or low money down" but this isn't possible unless you get a really good off market deal.

I've never paid to have a metal roof installed so don't know labor charges (I've always done my own)You're right about the longevity – metal roofs can last a very long time, making them a cost-effective option in the long run.

Duplexes are an option, but consider the lower number of tenants and potentially higher relative management costs.3.

Deals are few and far between and any decent deals that cashflow favorably are getting snatched up quickly.This leads me to explore another option...

If it makes the 1% rule or greater that is a bonus.

I am currently doing a 4 story renovation with apartments on upper floors and commercial on ground level, and weighing out the option of an elevator.