He missed the target by nearly a month and we ended up paying holding costs, HOA, Utilities etc for an extra 6 months until finally selling in the spring for a reduced price.

There is now also passive pockets.Every presentation is going to make it sound like a can’t miss opportunity - that’s the whole point - a sponsor is not going to say their investment stinks.You can also ask the sponsor if they have ever had a track record verification report done or had a third party report done as well. 99.9% of sponsors don’t get one (for obvious reasons) and those that go after institutional absolutely must get one.

Alternatively, buying a Midwest property and house-hacking a duplex in Albany gives you two properties but may involve more management complexity.Waiting a year to build more equity while keeping your cash flow intact is the safer option, but you risk missing current opportunities.

I've tried researching this a bit but haven't quite been satisfied with what I have found, so I apologize in advance if this has been answered and I just missed it or didn't understand it correctly.Few questions - 1) I have taken the first leap and am closing on a property in Ohio mid October.  

They also offer a marketing option and outsources to another provider for bookkeeping.I love it, however, it’s missing one key thing for me.

This is something that Landlord Studio does, too, and it's something I really miss.

@Kyle Fitch  often missing out on a condo is the best thing that can happen to you depending on your market and the project itself. 

All-in-all the amount of the loan shouldn't be substantial enough to the point where I wouldn't be able to cover it out of pocket anyways if need be, just want to make sure that I'm not missing anything.Does it sound like I have the situation figured out or is there something I might be missing?

Miss one, and you might just find yourself drowning in delays or worse and kissing that sweet deal goodbye.Another checkpoint on our journey: third-party inspections.

Unless I missed the memo, that hasn't come back yet.