You hit on all the key differences between banks and private money lenders.

Such as yard signs, lock box, MLS keys, showing appointment services, help in filling out contracts, and X hours of consulting advice. 

Simplified deal analysis focuses on cap rate vs. tenant risk, lease expiry timeline, rent-to-market comparison, and key metrics like Net Operating Income and DSCR.Good luck!

If we have to bring a key to them, it's a $20 charge.

@Matt J.As an out-of-state investor in San Diego, key tax and legal considerations include filing a California non-resident tax return for rental income or capital gains, managing double taxation with potential tax credits from your home state, and complying with withholding requirements on property sales.

There are syndication/crowdfunding funds currently being launched now which intend to take over deals from syndicators/operators (where those same owners would otherwise have to turn the keys over to the bank).Generally the ones in trouble are those that structured too aggressively (high debt, floating rate, etc).

If simplicity is key, selling outright is best; if deferral or family planning is the goal, consider gifting or a 1031 exchange.This post does not create a CPA-Client relationship.

Certainly if you go turn key you could consider less for maintenance and CapEx.

Hi AllI have• 102-Unit Multifamily Redevelopment Opportunity Just East of Downtown Phoenix• Plans Are Approved & Project Can Be Delivered“Shovel Ready” to Allow for a Turn-Key Redevelopment ProjectOffering Price: $4,750,0002.08 Acres | 90,605 LSF$133.08/SFTotal Planned Units: 102Year Built: 1953Does anyone have interest ?

As someone who is excited about turn key/out of state investing, I am going to continue to do more research and circle back to Morris Invest/Sdira Wealth.