I purchased my house last summer and have built around $80k in equity.

Every now and then, I find sellers who have their hair on fire and come to hate the business they've built and want OUT.Until you know the seller's motivation, it's really impossible to say whether it means anything about market conditions.

Purchase price: $1,050,000 Cash invested: $275,000 23 unit apartment complex with six additional units and a laundry room that are partially built out.

Love to hear your experience here if you did end up going down this route, or any others who looked into it.What I will say is that guests greatly appreciate the ability to play their own music, turn lights and temperature on/off, and a variety of other custom features that I have built into the property for their convenience. I’ve also implemented custom signage to allow folks a short list of things that they can ask Alexa to do, which is critically important to clarify understanding and usage.

@Andrew Fink - the zoning map was created well after everything was built. 

Orlando was literally built for tourism and already has specifically zoned areas and great resort communities with proven track records without the fear or local authorities or an HOA to take it away.Happy to dive deeper into this with more specifics if needed, but hope this has some value!

I'm fired up to get started investing and there are two main deals I'm primarily focused on in the short term: Duplex in the Boston area for my wife and I, and a duplex in or near Cedar Rapids, IA. 

As a syndicator, you must establish a good relationship with them and once you built that trust, they would even jump on the next deal.

I have this property under contract and I am assigning my interest. the buyer went through a third party broker (Rapid Funding Solutions) and we could’ve had this deal closed last week but the lender said that could close on Sept, 23rd. 

We have built this business up over that last 14 years.