Acquired over $5M in real estate - which includes the path of buying a duplex with my VA loan, a SFH 5 months later with a 1% down loan, a 4-plex with my VA loan 2 years later, built a custom dream home with an AirBnB suite, completed a horribly over budget BRRRR SFR, completed another SFR that went way over budget, sold my quad for a 4-unit office commercial space, sold my 4-plex for a luxury cabin in Oklahoma AND most recently bought a brand new home to use part time while visiting my girlfriend/future wife in Florida.All of this wouldn't have ever happened if my butt didn't get dumped.

It’s probably useful to ask specific people what their experience has been and go from there. 

I am looking specifically for someone who is excellent at carefully monitoring and toggling pricing with the goal of keeping the Unit as occupied as is possible.I do have access to a few excellent cleaning crews and so I can take that on, but am also open to full service companies who have cleaning in house.I will also consider "small footprint" operations with good references and proven expertise.Thank you,John

Hey @Mario J PerezAdvantages - Processing time, underwriting conditions, paperwork requirements, not impacting debt-to-income and/or personal credit, can own many and close in entities reducing personal liability (to name a few).Disadvantages - Rates tend to be a tick higher (less and less these days) and fees will be a few thousand more per deal, can be very regional, higher appraisal costs usually (based on the need for a 1007 rent market analysis on every one), can have weird underwriting conditions (lender specific)30,000 foot view at it, but the entity/personal credit side of things make DSCR loans really helpful as you start to scale, and especially if you are doing any personal borrowing for personal homes, cars, etc.Hope that helps!

Trying to figure what my budget might be and get a better warm and fuzzy if this will be worth the investment.

I have had a huge interest in real estate, specifically, investing (BRRR, short-term rentals) and most recently in developing (I realize developing is a more "advanced" strategy).I'm thinking I should hustle and reach out to real estate agencies, in hopes of snagging an entry-level job or part-time gig to learn the ropes and build relationships with local investors.

If you want to also budget your own finances quicken (quickbooks little brother) is $50 and it’s over kill if you have less than 30 properties. 

its incremental depending on your renters our area is more concred with leed 140 compliance in buildings so i dont buy anything older than 1985 without a budget to convert the property. currently we have 100% occupancy in a high income area so having these amenities is critial for new buildings without enough Power for in Garage Car charging people with jobs and new Teslas wont rent. https://www.globest.com/2021/0... 

Facebook is a great place to find these deals (specifically investor groups) and I personally come across these off market MFHs everyday.

(specifically long-term, non-vacation rentals) Would love to hear a discussion on this!