Quote from @James Shannon: One BIG concern that I have as I research Baselane (and other, similar options) is that they provide access to my money but they're not actually bank and don't have bank-level security.

Hey Ryan, I know there are some folks that provide this service but I'm not sure exactly how it works and how much trust is involved.If it's any consolation, I wouldn't sweat it too much.

With all of that being said, I am excited to continue to learn and hopefully get to know many of you on a personal level as we learn and grow together!

Make sure you’re clear on how financing works and what your monthly payments will look like.Property Condition: Assess the age of the property, maintenance history, and any potential repairs or upgrades that might be needed.Due Diligence: Work with professionals, like a home inspector and a trusted real estate agent, to ensure the property is sound and fits your investment goals.Analyze the Neighborhood: The location can make or break your investment.

First of all they need to trust you and you need to have an established relationship in accordance with the 506b rules.

You can trust them.   

Either the toilet is leaking below the floor level or there is degraded caulk/grout surrounding the tub/shower/walls.

Lots of good advice above- I think an active, professional network of pros that know and trust each other is essential.

It would definitely help build trust and rapport with your tenant, but if it's not defined in the lease agreement you aren't on the hook for that. 

I’m not exactly sure how much you can trust much more than the list price.