Hey BP community,I am considering investing in a real estate developer using the Build, Refinance, Rent & Repeat (BRRR 2.0) strategy.

That is part of the problem with a lot of companies (I am not knocking insula as dont have all the info/facts just stating how the business works), they engage brokers to get them loans and the brokers collect a small fee. unfortunately many of the brokers may be similar to real estate wholesalers - have little to no experience. 

Legal or not if you put the wrong tenants inn your property with out proper (VETTING) it's your fault and if your real estate agent agent puts in a bad tenant it's also your fault.

I have looked at getting involved in real estate for years but never pulled the trigger for one reason or another. 

It sounds like you have a great background for investing as well as assisting other real estate investors in buying suitable real estate. 

I'd check local STR FB groups and see if you have a local Real Estate Club.You can offer your services there, maybe for free in exchange for the experience.

I agree, the podcasts have made a difference in my knowledge of real estate. 

You both have W2 jobs - so you're likely not a Real Estate Professionals - so these losses will be passed on until they can be deducted from other passive income in the future.

You can find them through investor networks, BiggerPockets forums, local real estate groups, or referrals from other landlords.To ensure the property stays in good condition, set clear expectations with your manager, schedule regular inspections, and consider using smart home tech (cameras, leak detectors, etc.) for extra oversight.

These properties require more capital up front, but can really help your overall real estate portfolio.