Quote from @Christopher Tinelli: I’m working on getting my first doors under management and would love to hear from others about what worked best for them in the early days.

For example in Chicago the neighborhood andersonville is gentrified lots of million dollar + properties but Rogers Park next door is cheaper and still mixed some richer people some lower class.

Hi Ryan, I am not sure how urgent moving your family to a larger home is. 

They plan on living there for a few years and moving to a larger home while renting that one out. 

If your goal is to get into larger, more expensive properties, it may make more sense to flip and put the money to work on another flip or more profitable rental. 

The big win here is your cash flow cushion.Once you move out, $1,100/mo between the two doors makes the next deal way less stressful.

I'm starting to rethink our timing on flips (getting larger flips that take until the early spring) because of this.  

In future dollars with inflation, it will be a lot larger number. 

Year 2020 a Formal Attorney generated DEMAND letter was sent by the holder or the 2nd lien Mortgage & Note which had now GROWN to a much larger Balance (sum) due TO the property owner making a demand for payment.  

Hello everyone,After sharing a small multifamily deal analyzer here recently and receiving some helpful feedback, I’ve been working on a more advanced underwriting model for larger value-add multifamily projects and wanted to share a quick preview as I continue refining it.The goal has been to maintain a clean, user-friendly structure while allowing for more detailed, real-world analysis.