Sarah Melton that's deep. Thank you.
I would say we're pretty much in that same boat actually.
I use BP like it's my bible but I also just google for a lot of little questions I might have. I feel like she wants to understand it all so that she can assist with the process of this first one sense we're going to live there for a bit. I think it's also important to note that she is the one currently in Rhode Island and knows the area way better than I do so she somewhat has to give input in order for this work!
I try to explain the business process and the importance of screening, and credit, and investing and ROI, and cash flow to her and something's seem to click, and others don't. For example, she keeps trying to tell me about her experience renting and she didn't have to do a credit check or get a consigned or anything and I'm sorry to say, her landlord just wasn't very business minded. I watched it first hand and that lady was not with it at all. I can give you stories in a private message if your interested.
She also tells me I'm going to have a hard time being a landlord when I've never rented before. True I have not rented but I think that kind of stuff is minor when you are business minded individual. Which I think is what she is asking for. Help her make sense of the business. And I'm out of ideas.
