Has the level of competition changed how you approach flips compared to a few years ago?

Rent level?  

@Anita Kollory as far as returns, it all depends on what type of loan you'd be getting, your comfort level of buying locations, how much you're approved of, and several other factors.

At a high level, 5+ units is no different than a single family. 

Acquisition Fee: biggest driver I see (and apparently all institutions too) is level of acquisition fee.  2% or less is ideal. 

It really depends on your comfort level.

Separate accounts for every property can get messy fast, so many investors group by LLC or entity and then use software to track property level numbers.

It’s definitely a balancing act — owners want to protect their investment, but holding too tightly to outdated assumptions (like 2021 rent levels or tenant demand) can end up costing more in the long run.I’ve found the best approach is setting clear expectations upfront with a manager: define thresholds where the manager can act without approval (like minor repairs or small rent adjustments) and bigger decisions that require owner sign-off.

Twilight/Sunset ShotWhy it works: Creates emotion and sets the mood.How to nail it: Capture both ground-level and drone shots to showcase landscaping and lighting.Example: This listing2.

Savannah’s mix of historical charm and economic growth makes it a great play for investors, especially with the rise in short-term rentals and value-add multifamily.Tapping into the investor side will only level up your real estate game.