I recently got my first fourplex and I’m looking to do brrrr with a partner, because of my lack of capital.

If so that can work in very specific red hot markets.. however experience has dictated to me over the decades that land can take a long time to sell .. many times has to be sold on contract to move it.. or if its cash you have to have the lowest price parcel of any similar ones on the market to move it timely for cash..

We first identify a market of opportunity.

Springhill's growing market further enhanced its appeal.

Meaning that if tragedy happened and the unit was unusable, they'd cover market rent.

The last market valuation of this property was ~650k.

When you're fully ready for analysis check out the renter analysis tools and don't be afraid to post questions and ask for help, everyone is really supportive :) A good first step and great lending resource (super important in today's market) might be to check in with my lending guide and bestie of 20+ years @Joseph Chiofalo they lend nationwide and he's very patient with newbies and can help craft a workable plan towards portfolio growth.

With $60-70,000 worth of upgrades including capital expenditures value will stand at $800,000.

You will learn so much from people who know the market and they will also have resources that will be useful to you.As for the properties themselves, it never hurts to start looking.

Mariposa's growing market further enhanced its appeal.