;(- if as-is value is less then the balance on the mortgage + arears OOOPS you need to have the owner work with the bank, you as the investor buyer AND a short sales expert often an agent work the tedious and usually failing short sale process. 

Heck, you process debit cards if you insist for 1/10th the cost and non-reversible. 

I’ve seen folks pivot their plans quickly if they discover one city has friendier permit processes than another.And yeah, the Phoenix area has some really down to earth investor meetups, from what I’ve heard, that can help you level up fast.What aspect of the business are you most excited to tackle first.. managing construction, or scouting out those under the radar leads?

Quote from @Kadeem Kamal: I’m starting the process of doing a 1031 where I’ll get about 300k to put towards the the next property.

The tenant has proof that the rent payment went through successfully and was processed.

@Dutch Mendenhall Why is RADD making this such a painful process.

You need to be extremely organized and create processes and systems.

I am house hacking my unit and is there any difference in those processes as opposed to a regular rental property?

The bank they are using with that offer is now saying my site prep bid came in way too high and not approving me (so far. still in process).

I would like to expand a bit and put some systems and processes in place and generally get a little more serious when it comes to the management side.In Brandon Turner's Book- The Book on Managing Rental Properties, in chapter 3 he talks about creating a company policy binder.