Also, we have a team of fifteen employees now, with processes and systems to scale.Given my track record and ambitious goals, I'm exploring ways to attract investors for fix-and-flip projects and rental property investments.

You can always search local tax records on your assessor's website. 

While you shouldn’t categorize all tenants and it’s the landlords responsibility to properly screen, the tenants who reside in better situated housing and pay higher rents are more financially responsible meaning lower rate of rent loss and will generally take better care of the property which combined will result in less time allocated towards management functions if self-performed or more favorable management fee structures if 3rd party management companies are utilized (which ties back to #1, as well).

Here are some key red flags to watch for:🔴 Lack of experience: A borrower without a proven track record in real estate projects may struggle to navigate unexpected challenges.🔴 Overly optimistic projections: Unrealistic ARV (after-repair value) or underestimated rehab costs can signal poor planning—or worse, a lack of transparency.🔴 Incomplete or disorganized documentation: Missing detailed plans, financial statements, or timelines could mean the borrower isn’t ready to execute the project successfully.🔴 Over-leveraged finances: Borrowers with excessive debt or insufficient personal capital invested in the deal could pose a greater risk of default.🔴 Questionable property comps: Overstated market values or inappropriate comparables may mean they’re inflating expectations.As always, thorough due diligence is your best protection.

@Renee LeFevreTo rent out your basement, follow these steps: check local regulations, prepare the basement with separate entrance, screen potential tenants, draft a lease agreement, set the right rent price, consider tax implications, update homeowner's insurance, and build a positive tenant relationship to attract quality renters.Good Luck!

I took a 3rd loan of $45,000 from a family member on a 36 month non-recorded loan to help with the down payment costs.

If we are checking property tax records, should we not buy a home where different LLCs (investors) have owned it and sold it every 2 to 3 years?

The only challenges you haven't mentioned is advertising for roommates, screening them and where to get a lease.

Please see below update on the this case:My attorney and I have been going through multiple banking records over the last few months.

Tight tenant screening is always a key factor in preventing costly evictions.