I am reaching out to you seeking your valued expertise and insights on a unique property challenge that I am currently facing in Salton Sea, Riverside County.The entire 20-acre property has undergone a significant transformation and is now entirely submerged in water, with the distance from the submerged area to the shore spanning approximately 20,000 feet.In light of the unprecedented challenge presented by the property's current state, recent assessments have indicated a compelling value proposition.

Within that, we select areas with low or no crime, which are close to jobs and to the downtown core.Not only are we extremely selective on the deals that we put offers on, but we're extremely conservative in our underwriting which includes stress testing our deals, and preparing for the worst case scenarios both with interest rates and vacancy rates.Multi-family investing can be complicated and requires an in-depth knowledge and expertise.

You hopefully are paying for avoiding mistakes that you would make had you not paid for their expertise. 

Eventually, if you weren’t inclined before, you will thrive on understanding business and the financials.Returns: If you have an adequate toolbox for creating above market returns, you should be able rocket past managed plans and funds.Disadvantages:Time and Expertise: Successful self-directed investing requires time, dedication, and a certain level of financial knowledge.

Thank you for all your expertise.

Expertise - Are you all well-versed in various aspects of property management?

If not you might want to try the Canadian forum for some one with local expertise.

Your expertise is greatly appreciated!

This option might be preferable if you prefer a more hands-off approach to the renovation process.Contractor Relationships and Expertise --> Some contractors often have established relationships with suppliers, which can lead to volume discounts or preferential treatment. 

With my expertise in real estate investing bookkeeping, I can offer you the knowledge and support you need to stay organized and focused on growing your business.