It works… until pressure shifts or corrosion gives way, and then you’re dealing with interior damage, not just a pipe swap.Another common one is improper electrical splicing hidden behind fresh drywall.

I am trying to avoid any hidden leaks or budget-breaking surprises on 100-year-old masonry builds.

───City-by-city breakdown (positive CF deals only):Harper Woods — the hidden gem this week* 2 deals averaging 13.4% CoC and +$356/mo cash flow* Average price: $136K* Most people overlook Harper Woods because it's sandwiched between Detroit and the Grosse Pointes, but the rent-to-price ratio is outstanding right nowRoseville — consistent performer* 3 deals, average 9.5% CoC, average +$217/mo cash flow* Average price: $142K* Lower vacancy than you'd expect for a C+ area.

For context, I have a Carrot site and can follow instructions, but am a total novice when it comes to websites, and no nothing about code.Thank you in advance to anyone that took time to read my post and provide advice/feedback.

I'm talking about the real lessons that only show up after you actually own the property.Things like:-Something that surprised you after closing-A mistake you didn’t see coming-A hidden expense or challenge-Something you would do differently todayIf you could go back and tell yourself ONE thing before buying your first multifamily, what would it be?

I’m less worried about cosmetic dated finishes and more about hidden capital risks. 2.

If an owner were to contact me (would need to be in writing) and instruct me that effective immediately the house is being changed to X management I would unfortunately have to show that written communication to the OTA and get it cancelled. 

You could rely on purchasing sight unseen, you just run the risk of any hidden repair issues.

I am instructing potential tenants to use Zillow's screening app. 

Now you have approved lots ready for horizontal construction into finished lots for sale to home builders.Key pitfalls to avoid:Costs and schedule - Underestimating timelines and holding your seed capital costs to budget.Ignoring community—Always pre-engage neighbors.Skipping thorough due diligence—Hidden wetlands or concurrency shortfalls can kill deals late in the process when most expensive.Inadequate PSA time - Make sure you close on the property after all these approvals are in hand.