Happy to connect regarding all things Pittsburgh.Out of curiosity, what is your main reason for looking at off market properties?

That way, you grow your portfolio while still keeping things manageable.Out of curiosity, are you open to looking at out-of-state markets where you might get better cash flow?

Out of curiosity, how are you helping your investors (or yourself) structure deals to stay profitable in this market?

Following your thread out of curiosity. 

So the owner/you will receive a final bill through the day before move-in and all amounts accrued after that go directly to the tenants bill.  

Once the account accrues to a certain amount that works for your situation, keep it and extras can get moved towards your next investment. 

In this case, there's no debt, meaning the investment has to throw off more than a 6.5% return for you to make a dime, and a multifamily deal trading at today's prevailing cap rate of 5% or so isn't likely to exceed the pref for quite some time, and with accrued pref stacking up you might not make a dollar for 3-5 years. 

Out of curiosity, have you personally done a refi inside of that 3-month window, and if so, what kind of terms did you see compared to waiting the full 12 months? 

Insurance helps, but it doesn’t fully solve the underlying legal delays.Out of curiosity, do you see those 10%+ gross deals still making sense once you factor in taxes, community costs, vacancy and management? 

It’s awesome that you’ve been interested in real estate for so long, that curiosity will serve you well.