It's a great way to get started if it fits your lifestyle.

Nashville is a fantastic area for both, with strong rental demand and plenty of opportunities for single-family and multi-family investments.I specialize in DSCR loans (Debt Service Coverage Ratio), which could be a perfect fit for your buy-and-hold goals, especially if you're planning to grow your portfolio.

After reviewing your listing and reading over the glowing reviews, I thought you’d be a great fit for our community of hosts in Wisconsin.

You want them to be affordable but also a fit/match for your particular needs and personality.Regards,Chad

You have to find the right strategy that fits your options...listen to everyone and verify what you hear because everyone will have their own opinion...Most of the west is more expensive than the Midwest and Mideast of the country...You might want to visit the areas and interview your potential team in person or trust what you are shown through videos of the areas or ... sometimes you can make a killing on an area that everyone thinks is unsafe and you find a that is very safe and cheaper than it should be, because it is near unsafe area or people think it is unsafe.

And look at something newer where capital expenses won't creep up and hit you.And anyone telling you to lose $12K a year because you make $240K a year probably isn't the best fit.

They paper push the file into processing to then find out they submitted wrong or it does not fit under a certain program.

Get to understand what his goals are then together see if you can structure the deal to fit his goals and creates opportunity for you as well.

It's a perfect fit for the travel volume in Eugene, OR.My 2 cents,Mike

The best thing to do would be to consult an attorney, but likely, that is not an option for everyone starting out.I'm not an attorney, and this is not legal advice, but some of the information that we include in our contracts is:- A clear scope of work - Payment schedule / Milestones- Change order approval process- Allowances for finished materials- Reasons to terminate the contract- Expectations for start date (X amount of time after final plans /permits are received or X amount of time after the contract is executed)- General schedule and timeline (This is where you could specify an end date - however it may be better use incentives rather than liquidated damage if your general contractor is late - we've done both, but found General Contractors respond better to getting something if they get done early instead of being punished for being late.