And when things go south, communication often becomes nothing more than terse statements “approved” by the sponsor’s legal counsel.  

@Sandra Uwantege Hart what @Chris Seveney is trying to communicate to you is, did you follow ALL the Louisiana statutes regarding the handling of the Security Deposit?

I’ve been digging into it lately as my Real Estate Team I am partnered with has multiple multifamily projects for MLI Select — the ability to access higher LTV ratios (up to 95%), amortizations up to 50 years, and better debt coverage flexibility sounds like a serious game-changer for investors focused on affordability, energy efficiency, or accessibility.Curious to hear —Have you or your clients gone through the MLI Select process?

You can 100% create simple systems with free technologies and run your unit efficiently. 

I've worked with several loan servicers, and no matter who you use, it's not fun setting it up, but I've had easier success communicating with OnePoint.They have a login portal to track payments etc, like you mentioned. 

Great for comparing how efficiently your cash is working across deals.DSCR = NOI ÷ Debt Service (Annual Loan Payments)This is your lender’s lens.

You’re now in a deal with multiple partners and operators, which can come with its own set of headaches and communication challenges.And from a tax perspective, here’s where a lot of investors get caught off guard: even if you qualify as a Real Estate Professional (REPS), you generally can’t use losses from syndications to offset your active income in a lot of cases

Be happy to connect and share some tips and loopholes.I have some friends/Realtors in Knoxville and the properties we found and closed on are great cash flow properties but the initial part should be more cost efficient.  

We’ve lean into longer term relationships with tenants too—lots of screening upfront with clear communication upfront, renewal incentives, and small appreciation gestures throughout the year go a long way in reducing turnover.Also started structuring leases with possible small rent bumps built in and options to renew early.

I’m most interested in BRRRR and buy-and-hold rentals, and I keep going back and forth between starting with a small multi-family (duplex/triplex/fourplex) or a single-family rental.Here’s where I’m stuck:SFRs seem easier to manage and may be less intimidating for a first deal, but the cash flow might be tighter.Small multis could bring stronger cash flow and efficiency, but I’ve heard they can be tougher to finance, and vacancies or tenant issues could hit harder if I don’t have a solid team yet.For those of you who’ve been down this road already:Which one did you start with, and why?