Have a legal advisor or counsel review your documents before signing.These will make your ultimate exit strategy, post Hard Money financing period, much easier when: - preparing & submitting paperwork for individual tax returns - maintaining the note in good stating with consistent payments & digital payment history paper trail - digital and/or easy access to documentation - preparing for a Re-Fi, Conventional financing, payoff, or even Flip/Sale & deed/title reconveyance to remove the Hard Money Lein holider at the end of the note's term

They also do not work in a timely fashion so if it’s a rental that could be a problemJust food for thoughtFor us what we make sure we do is service and maintain our equipment like hvac and appliances which often leads to longer life spans

Absentee owners who manage from a distance generally maintain their properties in worse condition.

Maintaining open and proactive communication is key to a successful lending relationship.

One year also helps you maintain a schedule for inspections, rent increases, preventative maintenance, etc.If your lease doesn't have an early termination penalty, then the only thing you can do is start marketing and find a replacement tenant.

Look through the entire property to ensure it is maintained.

No update of common area finishes although clean and well maintained.

While it’s true that getting a second conventional loan immediately can be challenging, especially if you’re looking to maintain optimal financing terms, it’s not impossible.

There are plenty of centuries old houses on the east coast that have been upgraded and properly maintained over the years.

I'm not sure how you can maintain a scaled and properly trained staff this way, but they're certainly trying.