Thank you all for the tips all!

@Nathan BrooksI am not local to Richmond, but have several clients who work in that market.Welcome to the community and be ready for a huge amount of information at your finger tips.

Last year I think I shoveled my drive twice and i'm further north than bloomington here. 

Would love to hear what’s worked for you and any tips you have for making sure the funds are in place to lock down a great deal.

For you, this could mean markets further North or East of SF.2.

If my response is in line with your business and goals, please let's discuss this further.

It starts slapping and bouncing around wildly and more often than not, gets further away from the water as it probably thinks its being successful in getting away, have you seen that before?

. - Definitely not in a spot to have full time people yet and even if I did I would need someone I trusted to manage them which only adds a further cost to things.

I wouldn't worry too much about it, if you have a competent CPA or bookkeeper they should be able to review your books and within minutes have a strong grasp on who gets a 1099 (spoiler alert, not every contractor gets one, I'll be annoyed if I get one since I'm structured as an S corporation) and the amounts to report.1099 filings are usually a loss leader for us, so if you're working with a professional make sure you take advantage of them filing everything for you.

It's a great way to increase your net worth and these loans can also be used to pull cash out of a property as it appreciates allowing you to reinvest money into new deals.Happy to connect to discuss further.