A $33,000 foreclosure, a tree through the foundation, and a scientist who had never hired a contractor—Giang's origin story doesn’t sound like a straight line to financial freedom. Yet that messy first project sparked a shift to five-plus unit multifamily, where income drives value and disciplined operators can force appreciation. We walk through how she left a decade-long lab career, built cash flow to quit her W-2, and learned to turn fear into focused action.

We go deep on the difference between two-to-four-unit “comp land” and five-plus-unit commercial where NOI rules. Yang explains why the five-to-ten-unit range is a sweet spot: overlooked by beginners, too small for institutions, and perfect for applying business fundamentals. She shares the biggest mistake that cost her money—buying a “cheap” single-family that triggered new-build codes—and the lessons that followed: cheap isn’t good, stay in your lane, and let operations set your upside.

The standout story is a 42-unit purchase via an online foreclosure auction. With hard money at risk and a 35-day close, Yang set strict bid limits, underwrote with margin, and lined up property management and lenders before clicking “bid.” The result: a rapid stabilization, full-unit renovations, rent resets, and refis that more than doubled the valuation in under two years. Along the way, we break down the triangle of scale—deals, money, people—and how to build teams through referrals, mini-masterminds, and a rockstar PM who unlocks contractors, lenders, and on-the-ground reality.

We also cover out-of-state investing systems, choosing markets by cap rates, direct flights, and your personal “you factor” that creates an edge. Finally, Yang opens the door to passive investing through One River Capital for listeners who believe in real estate but don’t want to wrestle with dumpsters, permits, or contractor roulette. If you want to control value, reduce guesswork, and build freedom with multifamily, this conversation gives you the strategies, mindset, and playbook to start moving today. Subscribe, share this with a friend who needs a nudge, and leave a review with your biggest takeaway.

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