Have a well laid Exit path in the Operating agreement. 11.  

Appreciate any feedback as well as similar stories that the community might be able to shareThanks and Happy New Years to all! 

While home prices have cooled slightly from their peak, affordability remains a significant barrier.According to the National Association of Realtors, homes in the U.S. spent an average of 36 days on the market in January 2025, a slight increase from last year but still well below historical norms.

I will only get one chance to set my real estate foundation, want to make sure I do it as well as possible without suffering paralysis. 

I even put an offer in on a great BRRRR in Baltimore’s Patterson Park but was outbid, likely by an LLC that already has its own contractors ready to go.Crossing my fingers that all goes well in the inspection and I’ll move on to the next steps of property management. 

I still have contacts in NARPM as well as more than a few Property Managers.

Lenders or investors who have short lock up periods but have years of experience feeding their business with new capital would give me more comfort but anyone who is just starting and is promising a rate of return or return of capital in a set period of time would be alarming because they very well could be reliant on fresh capital to make good on that promise and that usually ends poorly.

The closing will be in 2-3 weeks - since no traditional bank financing in most cases - just like any other investor purchase.My broker knows full well what I am doing.

I have a 2-person unit with a glass top dining table and it has worked well.

If those things don't go well, it doesn't matter how great your deal is.