Last Update: I made time to walk down to the municipal building.

Valuation for Property Management 3X to 5X Seller Discretionary Earnings or 1X to 1.5X Annual Revenue, depending on how well established the brand and reputation is in the market, market share, number of units, scalability, etc...Transaction Structure, never buy a Property Management business for cash,  you must include an earn-out structure or provision to protect the purchase against clients/property owners leaving post-transaction.  

You would have to build a solid relationship with the title company by providing a lot of business, for them to be able to refer you to those failed closings.

I would suggest first looking into buying a 5 unit multifamily building, and then another the year after.

Since 2019 I have flipped over 70 homes and have now started small developments in Houston where I build duplex's and townhomes. 

***this is very important…don’t skip getting good comps or, better yet, a good CMA***BUILDING PLANS, SPECS, AND QUOTES: For a construction project, they’ll need to understand the deal.

Planing on attending a least a few networking events every month to build our network. 

Once you are under contract, the attorney can build the mortgage, promissory note, and amortization schedule.Go to your favorite search engine and enter "owner financing real estate."

I would not buy something that needs mild renovation out-of-state as a brand new investor as you will not be able to manage it and will pay 4x the cost and it will take much longer and you are likely to get scammed if you have not built a proper funnel.

I learned all of this from a now defunct group in Berwyn of old-school building owners.