@Lindsey Vargas  Be careful about using just arrest records, especially when they did not result in convictions.Here's some excerpts from HUD/Fair Housing guidance that came out a few years ago:"A housing provider with a policy or practice of excluding individuals because of one or more prior arrests (without any conviction) cannot satisfy its burden of showing that such policy or practice is necessary to achieve a substantial, legitimate, nondiscriminatory interest."

Do anything to help you figure out what you want your strategy to be and if it is achievable in your desired area. 

Typically they will use bridge debt or similar until they can achieve a DSCR high enough to transition to agency debt. 

Hi @susana, I’d recommend taking a step back to figure out what you hope to achieve with a 12-cap.

What are your long term goals that you want to achieve?

Avoid the gurus, and focus on the basics of doing well in school, learn how to build solid relationships with people of diverse ages and professions, use your time purposefully to accomplish achievable goals, and get a humble job (one you turn 16) that gives you some income so you can learn to manage it well. 

I’m not looking for lenders, just looking to unpack this scenario.Assuming they are both achievable, is there currently merit in holding 5 duplexes and triplexes in a single commercial portfolio loan, rather than 5 individual residential “portfolio” loans?

It’s scalable, it has efficiencies that single family investing lacks, and you can achieve your goals with less deals and less work.

Once you've done that, then identify the markets that would best achieve your goals regardless of where they are located.

a value add deal that requires renovation to achieve target rents?