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In this segment, Mendell Gosnell, CPM, reflects on the often‑overlooked phase of multifamily investing that occurs after acquisition: the multi‑year hold and operational period. He notes that his experience spanned just over five years—nearly six—emphasizing that buying a deal is only the first step; the real test comes when you manage the property. During this time you discover whether the original financial assumptions hold true and how robust your partnership is, especially when you must push through inevitable challenges. The discussion sets up a deeper dive into the practical realities of long‑term property ownership.

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