Quote from @Robert Cucino: Quote from @Tanner Lewis: Those look like pretty solid returns on the surface level, if you decide to go with DSCR, you can qualify the deal with AirDNA projected income even if it is rural. yeah i talked to dcsr lender in area, they do 80 LTV.

But from what I’ve seen the general price level of notes for sale is way too high for the risk involved.  

Doing nothing may be correct for one person, and engaging in a complicated entity structure may also be correct for another person depending on the situation.Each real estate investor/professional has different risk tolerances, different levels of savvy, different abilities in terms of bookkeeping, different estate plans, if one has an estate plan at all, and different relationships.

In industrial, my experience is clear heights, door count and size, loading dock access, and (probably not the case here) how perfectly level are the floors.I would also run a price sensitivity on how far rents may be able to drop to still make this worthwhile.  

Do you want to buy something more turn-key or are you open to some level of rehab (more than just new carpet and a coat of paint)?

I’m also looking into current market rent levels to see if there’s any room for rental upside.I’m new to multifamily investing, so I’m here for constructive insights to help me approach this investment wisely.

I assume it's typically best (if it's necessary to do so and if the budget allows) to re-level the home before the floors are installed. 

I’ve been self-managing a single-family rental (SFR) for a while now, and I’m interested in taking my property management skills to the next level.

My strategy is to buy multi-family properties near Level 1 trauma centers or 4-year universities. 

South East Texas should have a few experienced crews, so ask around locally or check reviews.One tip: make sure to prepare the new lot properly—things like leveling the ground and checking utility hookups are essential before the move.