Mobile is a port city and there are multiple large industries in the area such as Austal ship building and AirBus that builds airplanes.

The key is understanding your comfort level with managing multiple units right out of the gate.. 

Underwriting has shifted to stress-test flat rents and rising expenses, especially in markets driven by real job growth.

I am in talks with multiple owners looking to sell resorts and motels.

You can nail the strategy but if you're not consistently working your pipeline and following up with leads within 24-48 hours, you never get to test either approach.

Also we used to have a nice local furniture store and we were able to get some great pricing when we bought multiple items from them.

I prefer the small multis because you have multiple rents coming in on each building and only one set of expenses. 

A real walkthrough includes a detailed inspection sheet, high-resolution photos from multiple angles of every room, interior and exterior, and documentation of wear and tear or anything likely to become an issue in the next six months.

Once you get comfortable, you can scale into multiple properties or small multifamily units with a clear strategy.

What ROI or equity multiple makes sense for your timeline and financial plan?