Greetings Gentle Readers!

Love that you’ve set a clear 6-month goal - that kind of clarity puts you ahead of the game already.Since you mentioned you’re new to real estate and aiming for multifamily, I’d gently suggest considering single-family turnkey (SFT) rentals for your first deal - here’s why:Why SFT Might Be a Smarter First Step1.

Especially in a tight market, those types of deals are fewer and far between — and they often go to people who already have a track record or network advantage.One thing I’d gently suggest: if you had put the same energy into a side business, freelance work, or even a second job, that income could’ve been used to fund a traditional deal, increase reserves, or qualify for better financing.

.🧭 Who This Strategy Is For✅ Builders✅ Investors✅ Homeowners who want to build and sell off a portion of their lot✅ Families who want to share land across generationsThis strategy works beautifully for:Urban infill lotsCorner parcelsDeep lots with alley accessRedevelopment opportunities in high-demand zones📋 What You’ll Need to Do ItTo condo a project, you’ll need:A platting & condo attorneySurvey & site planA simple HOA agreementMarketing that attracts owner-occupants or mission-aligned buyers💥 The ImpactCondominiumization isn't just about making more money.It's about:Creating attainable ownership in a high-cost marketSupporting gentle density that fits the neighborhoodHelping Washington achieve its housing goals without high-rises or sprawl

However, January’s payment was late so I sent an email as a gentle reminder.

It allows cities to:Add gentle density without high-rises,Make better use of existing infrastructure,Provide walkable, livable communities, andCreate new opportunities for local builders, investors, and homeowners alike.💬 What This Means for YouWhether you're a homeowner, investor, or simply someone who cares about your neighborhood, middle housing is opening up new doors—literally and figuratively.

.❌ ConsLeaks = Expensive damage: Especially dangerous in upstairs units where it could destroy ceilings and walls below.Frequent maintenance: Drain clogs, broken latches, seals going bad... the list goes on.Replacement cycles: They often don’t last more than 7–10 years, and tenants aren’t always gentle with them.💡 So...

Some homes are fluff and buff some need full gut.. what I would recommend for many is to concentrate on the major systems..

You can also gently remind them of occupancy guidelines if those apply, but always approach it fairly and without discrimination.This way, you protect yourself legally while maintaining a good relationship with your tenants.

With everything you’ve got going on, I also want to gently throw out turnkey rentals as something to consider.Fix-and-Flips & WholesalingStarting to build your team now (agent, lender, contractor) will put you ahead when the funds from your current deal free up.