There is so much free content out there that can teach you about guest services, software, vendor management, and so on. 

I have investor friends in LA area offering temporary free housing.

The market is somewhat competitive, with homes receiving multiple offers and selling quickly, but there are still good opportunities with strong cap rates and value-add potential.Advantages of investing in a Rochester multifamily property:1.

When I looked into IRA accounts, I found that it didn't do service to my situation.

Risks: rates go down and you have to pay a prepay of 2 or 3 %; you have to sell and pay the prepay; rents decline & you can't make the payment like any other type of loan; cost upfront a little more than conventional; need to find experienced broker licensed in the state where subject property sits; servicers are bulldogs. 

I have read I will need to use a third party service to make this happen.  

Hi, I just got an accepted offer on my first property (4plex) in Anderson, IN.  

After talking with an operator I felt he was a good choice for a tenant and he mad a great offer above market for the apartment so we agreed.In the past I would usually rent my own units and to stay competitive I would keep an eye on the rentals in the area and try to be one step above if I could....This time that was a little tougher as the neighborhood hasn't gotten very trendy. 

Pro Tip: Ask an insurance agent what your rate will be before you make that offer.

This can provide additional capital for future investments and get the next one.Or evaluating other loan options:Depending on your long-term plans, you could explore conventional loans or portfolio loans that might offer more favorable rates or terms with the new appraisal value factored in.Your decision depends on your broader strategy.