Congrats - thats quite a low number of cash out of pocket!

You certainly would not want to allocated 10 units equally if number of residents and size were unique IMO.Here's a helpful link for those new to the concept:http://www.multifamilyutility.com/rubs.html

Hey Alex,You would have to look at the numbers and decide if it is worth it after you got a rate quote (rates are better than they were in 23).

The idea of building a business and creating long-term wealth through real estate has been something that has felt out of reach until recently getting my real estate license in Arizona.

Congrats Brendon, what was the draw for you with the property?

We are actively investing in the Champaign market, selling an inheritance property in Central Florida and trying to figure out what to do with our long term lease in Phoenix, AZ that is currently costing us a few $100 vs. cash flowing :) Excited to meet others, would love to know of any in person meet ups in southern/central Illinois. happy to be here!

If they push back and insist it's a misunderstanding, give them a list of your problems and what they would have to do to prove the information is reliable, then give them one opportunity to apply with additional information. 

As you know, there are other communities that behave like investor clubs/networking groups that present themselves as educational platforms, yet they are either operated by deal sponsors/syndicators or have a number of deal sponsors/syndicators that sponsor the website (they may not call them sponsors but preferred vendors or similar).

I now want to diversify, I have around $1m in S&P 500, and want to use the other $1.5 for real estate investing.My end goal is to build a Real Estate Empire and I feel like I am in a very good situation to do so,I love working and I am not looking for "passive income".What would you pros do in my situation?

If so, what were your initial investment, return, and overall thoughts on the experience?