So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

Thank you @Samuel Coronado for all the great detailed info! 

The specific property I am looking at right now is netting from PadSplit to the current owner  between $5k-$6k per month.

Give them all the details, contact information, time lines, relationships, etc.  

Responses like this are good for me because I am pretty uneducated on things like specific loans or qualifying requirements.

What is drawing you to that specific location?

Specifically, short-term rentals can help you get REPS status.

@Loren Souers I'd have to run the specific scenarios with the rates and fees, but if you're OK with paying the higher closing costs, the Mortgage 1 deal looks good, particularly if you focus on CoC returns.

Whichever strategy you choose, ensure you're adhering to IRS rules about prohibited transactions and working with experienced professionals to structure deals properly.Regarding non-recourse hard money lenders in San Antonio, I don’t have specific recommendations.

It's essential for me to acquire these skills as I navigate potential roles in the real estate industry.If you have any insights, recommendations, or perhaps know of specific training programs or resources for learning Yardi, I would greatly appreciate your guidance.