They offer strong rental markets and attractive investment potential.

I’d love to potentially meet up for coffee or even lunch (on me) over the summer and chat a bit!

But you can certainly mandate the use to be outdoors, and I would require a separate deposit for potential odor removal.

.✅ You are backing into a potential price that can deliver your desired projected returns sufficient for the level of risk the deal presents.What would you add to this 7-step process to underwrite a commercial multifamily property?

We're planning to keep our current primary residence in the states and potentially list it as an STR.

Flipping has more potential liability than rentals.

However, as investors pivot from high-risk assets, which typically involve properties of lower quality and older construction, multi-tenant properties are experiencing the exponential effects of rising uncertainty.Specifically, since the cap rate lows of 2021, new Class A properties with strong credit and term have seen yields rise by approximately 150-200 basis points, Class B properties by 200-250 basis points, and Class C properties or those facing occupancy and geographic challenges by as much as 300 basis points.Going-in yields for the reduced volume of multi-tenant office transactions, excluding medical offices, have risen by over 200 basis points in the aggregate and are generally in the upper single-digits with pricing typically landing in the low $200s/SF territory.On a look-forward basis, debt maturities present potential challenges for 2024.

You have a bigger pool of potential allies if your borrower defaults, meaning, they may want to step up and negotiate to pay you off so they don't get wiped out.

I would stick to taking pictures of any potential maintenance items - taking pictures just for the heck of it seems like overkill  

Flipping houses, where you buy a property, renovate it, and sell it for a higher price, is an example of a short-term strategy.Both long-term and short-term strategies have their advantages and risks.Long-term strategies offer stability and the potential for steady income, while short-term strategies can provide quick profits but may involve higher risks and more work.The key is to choose the strategy that aligns with your goals and risk tolerance as a real estate investor.5.2 Portfolio DiversificationWhen you hear the word "portfolio," you might think of an artist's collection of paintings.But in the world of finance and investing, a portfolio is a collection of different investments you own, like stocks, bonds, or real estate properties.Diversification is like having a variety of colors in your art palette.Imagine you have a basket of apples.