As a new real estate agent in Northern Virginia, I'm trying to make these connections, but my immediate thoughts and attemps just involve messaging these business and informing them I'm an agent and that if the respective family is in need of a realtor I'd be happy to work w/ them, but every time I do that, the response I get is "we already have a realtor" or "house was already sold or listed"........and a lot of times I am refresh to the post, so obviously I want to be "there" sooner so I can get the seller listing lead.

My crystal ball tells me that if all goes well, we should see stabilization of rents and sales prices somewhere between March – October.

@Dean GulloTo build connections in Southington and surrounding areas, join local real estate meetups, connect through BiggerPockets forums, get involved with local landlord associations, reach out to real estate professionals, attend town or community events, and expand your team.

Best to involve attorneys/lawyers as well, but it depends on the type of financing you get.  

Sure, the cash flow might be tight, especially in a high-cost area like Seattle, but you’re building stability and experience, which is invaluable when you’re just starting out.To be transparent, I invest out-of-state and help others do the same, so I’m incentivized to tell you the opposite.

Given current rents and historical expenses plus some cost escalation, I believe stabilized cash flow of $12k/year is a reasonable expectation excluding any major CapEx.

Also, multi-unit sales involve more legal and financial nuances than single family homes so it will be in your best interests to work with an agent.

Once stabilized, you can refinance out of the hard money loan into something more conventional.

Hi Alex - There is a different things to consider when involving international investors.

@Jaskanwal Preet Singh ChhabraRefinancing a converted property for coliving involves appraisal, loan types, interest rate reduction, and careful planning.