Just make sure the management part is taken care of.

Third piece of advice, it's too general for me to say Ohio sucks.

Vacancies hurt all parties involved!

This part is a foregone conclusion for me, but what I am still working out is next steps.

Then, I typically see them take about a half to a third of that number for the adjustment factor.

As a company, the first two years when making a profit the company tax is 15% and from the third year onwards this becomes 25%. 

It took some digging, working closely with a title company, and negotiating with multiple parties to get it resolved, but in the end, it was a great learning experience—and a successful deal!

Now I'm renting one room, Airbnb'ing one, and using the third.

Other KPIs and considerations you should evaluate when talking to any lender who offered private placement of loans/notes are historic default rate, how quickly they can place your funds (do you get preference over their income funds, for example), average interest rate - borrower note rate and what is passed through to you, are loans serviced by a 3rd party servicer or in house.

I am wondering if my first steps (past the education part) is to build a network of people who know, like, and trust me through posting content like newsletters, articles, podcasts, doing webinars, going to events (aka build my brand), or, should I first find a deal and then raise capital?