I find if I do the "heavy lifting" like drawing out a system and or the floor plan of the cabin, you can find a guy to do the "official" work fast and for a cheaper price than if you sit back and do nothing.

I'll talk about this next.2) Deal structure: Currently, the types of deals that have experienced huge distress or imploded , have generally been the ones that were very aggressively structured.Floating rate debt is cheaper, but come with the risk that interest rates rise.

Could I have learned what I learned during that 1-year program for a lot cheaper by reading books and articles.

You can take a mortgage with a Mexican bank.

This can be far cheaper than having an in-house project manager to do this for you.Based off your statement "this will be my first time managing a renovation out of state", it looks like you are familiar with the renovation process.

Cheaper, easier, faster.

- Troy 2 years ago I had successfully completed half a dozen email campaigns to commercial mortgage brokers.  

This gets my mortgage payment barely at break even for LTR value, (could be negative cash flowing), and lowers to about a 6% CoC (with down payment, renov and furnishings' costs)About 1.5 pt lower than my goal and with an MAO $10K higher than I wanted.b.

Pre-approval for a mortgage and self-managing your first property can help you build momentum.Good luck!

If you have a high income and can support 2 mortgages with your DTI, then providing a solid LOE for your circumstance may suffice.