Purchase price: $101,000 Cash invested: $25,268 Sale price: $202,000 This was my first ever solo project.

Not some basic furniture with a couple of sets of silverware thrown in.

Didn't work out because I still have a project hanging in Upper Chichester (Philadelphia, PA).

I'm curious on peoples go to approach to secure financing for an investment property - use a broker? start w local bank or CU ? or even a local brick and mortar bank?

Most hard money lenders require 10-20% down payment of the purchase price or total project cost.Holding Costs During Rehab: Yes, you'll need to cover carrying costs, including hard money interest, utilities, taxes, and insurance.

Basically do it in paper before you go down the road.  

Basically the same thing happened to me with LeGrand.

For instance, said property manager manages maintenance issues, problems that arise during bookings, basically anything that needs a physical person at the property, while I manage the rest?

You only get a sense of this by meeting face-to-face once or twice.A bad borrower can kill a great project.

So Agree Jeff many simply have no basic manners. and that can be from a texting society where brevity is all they know.