The next issue I think is we want this property for us since we just got the LLC started once the project is finalized we don’t have enough track record on the LLC or as a business owner to get a mortage or refinance the property under a mortage.

I like the idea of tracking every seller interaction in one place, but now I’m concerned we might end up with way too many properties in our CRM over time.For those of you who use platforms like PropStream or ListSource, are you calling and mailing directly off those lists without uploading them to your CRM?

What is it you are renting/leasing; what is the true reason a corporation wants to rent it (vs. an indivdiual if that is the case); what is the business track record publicly and financially?

As far as building credibility, make sure you are focusing on markets that you have a track record and expertise in.

For example, a bank would never give someone like me who hasn't built before, a loan to build like this, but we are doing it through our company which has a great track record and I will buy it upon completion.I mainly went with a new build because I thought it was a very unique opportunity given the connections I have working in a development and property management company.

And it keeps track of all your capitalization from year to year with each property.

@Amanda G. I

Again, others might disagree.a) Track Record: Get the entire track record for the strategy.

I think you are definitely on the exact right track with your thinking - have you put all this side by side in excel (very basic excel "modeled out")>? 

Get a good accounting software to track everything.