Purchase price: $65,000 Cash invested: $30,000 Sale price: $195,000 Live in flip.

I am not able to take equity out of my condo because it is currently on the blacklist due to HOA fixing the roofing and a Fannie Mae rule stating, if more then 50% of the condos in that community are owned by investors, I may not be able to refi.

Quote from @Kedric Naylor: Quote from @Lateefah Mathews: @Kedric Naylor Congrats on closing your first property and being lined up for your second...that’s huge!

For my clients, I like Easy Streets bridge purchase and STR DSCR programs. 

In San Diego at the current rates for a purchase loan (which has better rates than an ADU additions) at high LTV, I show 1% does not cash flow on a sustained basis.  

The next part is to get a contractor(s) in the door to give you estimates on rehabbing the rest of the place to get it to rent out.

@Stuart Udis has hit the nail on the head.  

My thought is to take a compiled list of property addresses saved in Excel and then run data scrape from Zillow and Redfin on each of those addresses, pulling the property details back into excel and into the appropriate table I have set up. 

@Oleksandr IvanovskiyRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

If you get 1% to get an appointment / follow up call and close on 1 you are winning.