If a warranty deed has been filed or even a memorandum of sale or a lis pendens, it makes getting clear title virtually impossible without the co-operation of the one who filed or having assistance from an attorney and maybe a long, costly, lawsuit. 

There is a lot of inventory in Jersey City, so compared to the rest of the state, there are opportunities there for good STR operators.

Missy is one of the top 10 turnkey operators in the US.. 

I know if I were to send an operating agreement to a lender that reads "LP member will receive return of their capital and 20% annualized return" they would not approve the loan.

Lenders see all, including how little margin some flippers are operating on.  

A clear operating agreement from the start is key to keeping on the same page. 

Alt lenders will normally be higher on fees, rate and perhaps leverage at time of close but that's not always indicative of cash required to operate. 

Are you intentionally looking to outsource the management and day to day operations to a management company versus self-managing? 

Sponsorship organization with dedication to ASSET MANAGEMENT, not just “doing deals”.5.

A good rule of thumb is to keep 3-6 months of operating expenses in your rental account as a cushion.Once you’ve got that covered, you can start investing the excess.