Probably going to sell my triplex and look for a larger multi-family.

I have been renovating properties from the storm and I've done both 4' up if they didn't get much water into the home and full tear out to the studs if they got higher water or mold grew fast.

I will record my results in these larger markets and let everyone know.

The two main things I ask for is a larger deposit.

Sidetrackig into the websites of member whoses sites are chock full of valuable information.First started dabbling in real estate about 10 years ago, bought a small complex of five commercial buildings in a tourist area, spend a year renovated them and rented them out.

I do not work on duplexes, tri's and quads but larger 5 units and above.So it might help to mention what you are trying to do.There is a different set of brokers that work on the larger properties versus residential agents that pick up a duplex or tri-plex here or there that sell houses.

At that rate I'd only need to find a few more of these properties to reach my goal and I'd be on my way to setting a larger goal!

It seems to me a larger owner could influence the manager to direct tenants towards them and away from my property)*The property management company has a terrible website, and it begs the question how competent and reliable they may be*It is my understanding that I pay the management fee regardless of vacancy, however I'm not sure on that, perhaps someone who has had prior experience with these type of communities could tell me how they are normally structured.I apologize if I don't quite have the RE vocabulary down, but hopefully you folks can provide some advice and help me get my start in real estate!

The larger the margin the larger his profit.Thanks so much in advance!

Go in with solid renovation cost numbers, ARV comps, etc.