Have a well laid Exit path in the Operating agreement. 11.  

Bank won foreclosure in 10 months so luckily it cashflowed as well as it did. 

If those things don't go well, it doesn't matter how great your deal is.

The closing will be in 2-3 weeks - since no traditional bank financing in most cases - just like any other investor purchase.My broker knows full well what I am doing.

While home prices have cooled slightly from their peak, affordability remains a significant barrier.According to the National Association of Realtors, homes in the U.S. spent an average of 36 days on the market in January 2025, a slight increase from last year but still well below historical norms.

I am curious as I am here in WA as well.

Lenders or investors who have short lock up periods but have years of experience feeding their business with new capital would give me more comfort but anyone who is just starting and is promising a rate of return or return of capital in a set period of time would be alarming because they very well could be reliant on fresh capital to make good on that promise and that usually ends poorly.

I still have contacts in NARPM as well as more than a few Property Managers.

Well, a large number of our members are rental home/apartment investors but there's plenty of other RE opportunities out there. 

I have a 2-person unit with a glass top dining table and it has worked well.