., funding, management, deal sourcing) based on strengths.Bylaws to Include: Cover profit/loss splits, decision-making processes, buyout clauses, and what happens if the partnership ends.

Be extremely cautious when processing your next applicant, this one seemed doomed from the start.

He brings ideas and solutions to issues that come up during the process.

That’s thanks to a combination of rent increases, successfully appealing property taxes (highly recommend if you understand the process), and just giving the portfolio time to stabilize.One thing I’ll say is that a lot of people underestimate how much capital it takes to scale quickly.

There is nothing about how long you need to occupy the property for.So unless our lender puts a demand on us I see no problems legally in occupying each property for any amount of time to fulfill the requirement, then rinse and repeating this process up to our full entitlements, so long as the lender is willing to keep giving us loans.

And then if you get a squatter in a pro-tenant law city, it'll be a long process to get them out. 

To streamline this process, I include a 3% yearly rental increase in my lease.

Remember, many sellers are looking for solutions to problems, so your role is about providing a service as much as closing a sale.As you navigate the wholesaling process, keep in mind the importance of due diligence.

If you're lucky, you'll get some money from him and can consider it a bonus.I recommend you tighten up your process.

I am in the process of buying a single family rental, and will be inheriting the tenant, who is on section 8.