For sure you can learn a lot from the classes, especially about transition, laws, and RE fundamentals.But also, you don't have to have MLS access to keep updated.

My wife and I were renting out our basement suite as an STR but the market we were in was very seasonal (great returns in the summer, basically giving away the space in the winter) so we transitioned over to renting to travel nurses.

Let me know your thoughts please." style="-webkit-font-smoothing: antialiased; margin: 0px; padding: 0px; border: 0px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-weight: 400; font-stretch: inherit; font-size: 1rem; line-height: 22px; font-family: "open sans", sans-serif; vertical-align: baseline; position: relative; overflow: hidden; color: rgb(52, 65, 77); letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; height: 256px;">My business partner and I have multiple multi family apartment buildings held as a General partnership.

Trying to find the best resources and make this first purchase as smooth as it could potentially be.Any tips/advice will be appreciated!

In the end, we're in the transition & trauma business (death, divorce, downsizing, moving).Plus, there are no toilets, tenants, or trash. 

Hello,I am curious to see what everyone keeps track of during the year to keep their business running smoothly.

The transitional funding is in place.

It seems to me that if running smoothly, a rent by the room business is unbeatable.

The key to tapping into this equity in the future is to get the apartment running smoothly with clean financials.

You may need to do more work than usual to transition her out, and may need to bring in social service agencies to help her in order to ensure things go smoothly staying or going.