I agree there is a lot of risk involved going in blind.

Over time I’ve gotten very involved in the investment side as well — especially underwriting rentals, evaluating cash‑flowing properties, and helping investors think through their financing strategy.I joined BP to:Learn from other investors who are scaling portfoliosStay sharp on market trends and deal analysisConnect with people actively investing in NJ, NY, and surrounding marketsShare what I’ve learned from working in property management and investment operationsLooking forward to learning from all of you and contributing where I can.Excited to be here! 

.: You would have to be NUTS to get involved with one of these multi family investments right now.

Banks hide it in rate, non-banks itemize it.If you’re trying to avoid big upfront costs, portfolio lenders and some DSCR programs can work well, but they tend to trade slightly higher rates for flexibility and speed.Timing matters a lot with a 1031.

Utilizing CREATIVE strategies can ENHANCE your wealth building, IF you know what the heck you’re doing, but creating an investment program around creative strategies rather than using creative strategies when and if appropriate will at least quadruple the time it takes to build a portfolio, if you’re able to generate enough deal flow at all. 

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.

I have purchased over 18,000 units of multifamily and have so many lessons and would have done things a lot differently based on what I know now.Real estate can be a risky business due to markets turning, but also because people are involved.

From your description, I'm not exactly clear what you are struggling with.I have been involved in several deals with agency debt that are non-recourse loans.  

You can still be involved in the process. 

If there’s physical damage dishwasher goes out 3 times in one year like it has in the program I work at the company pays the first $500 towards repairs or the new one.