Private money, hard lenders, or banks I don't really care where I go but like to use lenders who keep the ball rolling with me and even help with structure of the lending.

I'm eager to get the ball rolling!

But you could have the best rental prop in the best market turn into a money pit real quick if the people you trust to manage that investment drop the ball.

Phoenix is obviously going to be leading the charge on that.The main population segments moving here are going to be:1) Retirees from colder states (Florida #1 destination, Arizona #2) Over 10,000 people turn 65 every day.2) Younger Generations from California (mostly from SoCal - Median home price is double Phoenix's)The main thing that'll keep the ball rolling is young families from more expensive markets like California.

You have to do it in a very specific way and sometimes attorneys drop the ball on this.C.

Hi All,Just getting started and would like to ask for any important tips and advice to get the ball rolling.

An under market tenant may not be your biggest problem.I'd recommend easing into landlording and getting your systems in place rather than cleaning house and risking Holiday Season (and winter temperature) vacancies.

I think the ball is in their court. 

I realize I can just wait it out and cashflow nicely, but I'd like to get the ball rolling on additional properties here at the beginning (happy to hear arguments for/against that too, btw).The solution I was thinking of was to do some sort of intermediate loan with private money until the 6 month period is over and then go with traditional lending at that time. 

What else do I need to think about, and what would a good “low ball” offer be on this?