Many of them now also have a Construction-to-Permanent financing program to do a BRRR.Best of luck! 

They already understand tenant-in-place deals, realistic returns, and the operational side, so there’s far less friction.A few things that have helped:• Create a private investor list/program specifically for off-market or “tenant in place” opportunities• Put together a very detailed pro forma using real management data rental history expenses turnover assumptions maintenance trends etc• Set expectations upfront that showings are limited and typically only after an accepted or near-accepted offer due to tenant logistics• Offer portfolio or management incentives for buyers who take on multiple properties or keep management in place• Cross-market directly to owners already under management before going publicThe right investor values the existing cash flow and stability and understands the constraints that come with occupied properties.

I could also use guidance on expanding beyond friends and family, even though I likely already have an underutilized industry network.Multifamily feels like the most straightforward entry point, particularly from a friends-and-family capital perspective, and most coaching or mastermind programs seem heavily MF-focused.

Unless you’ve been living under a rock, you probably heard that Indiana FOOTBALL won a national championship last night in Miami.That sentence alone would’ve sounded insane not that long ago.Indiana was historically the losingest program in college football.

Sounds like some really flexible programs.

Same for 2-years of job/income stability.Tenant Default: 10-20% probability of eviction or early lease termination.Section 8: Class C rents usually meet program requirements, proper screening still recommended.Vacancies: 10-20%, depending on market conditions and tenant screening.Cashflow vs Appreciation: Should cashflow immediately, at the lower end of relative rent & value appreciation.Class D Properties:Tenant Pool: Majority of FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, but should have no convictions/evictions in last 12 months.

In a market like LA, the primary goal is usually to significantly reduce your housing cost rather than eliminate it completely in year one.From a mortgage financing standpoint, this works because owner-occupied loan programs allow lower down payments and more flexible terms.

I was actually a student at the university there not too long ago, part of the wine program.

Same for 2-years of job/income stability.Tenant Default: 10-20% probability of eviction or early lease termination.Section 8: Class C rents usually meet program requirements, proper screening still recommended.Vacancies: 10-20%, depending on market conditions and tenant screening.Cashflow vs Appreciation: Should cashflow immediately, at the lower end of relative rent & value appreciation.Class D Properties:Tenant Pool: Majority of FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, but should have no convictions/evictions in last 12 months.

This criteria is for 1-4 and 5-8 unit programs.