When the credit report addresses don't match her application, you deny her and move on.Any landlord running a credit check on her after 05/01/2024 will see her credit report has a $12,000 collection from a property manager, and that should be an automatic denial.

We also would like to self-manage if possible.

If your trying to redeploy your capital,  do you think that you can get more than 8.5% through other projects and could you do that more than once during that 4.5 years? 

There is no requirement to use them as mentors for doing the rehab projects as described in the horror story above, but they do their own underwriting so they will be investing themselves to assure the deal makes sense and is successful to assure they get their payments and interest. 

Investing in a property that’s already renovated, rented, and professionally managed could allow you to start generating passive income immediately without the added expenses of house hacking.What’s most important for you in this first deal—cash flow, appreciation, or long-term stability?

You go out and buy an apartment house and then hire a property manager so you don't have to personally spend time on the property.

I am currently a sales manager for a commercial tree farm and have recently been consuming Kiyosaki's books like they are candy.

I’m also in Nashville and run a property management company, so definitely happy to connect.

I think it would be beneficial to set up your own management company to manage your assets.

Would love feedback from anyone with personal investing and/or property management experience in these cities.