Initially Eric had said this was a 1 time fee for ALL properties, so when he called me back with 3 more properties and wanted to charge me for each one, that is where I questioned him. 

Initially, I didn't have much time during the day because of my job, but here's what I did: In the evenings, I spent 2-3 hours putting together a list of cash buyers I found on Google using the (Google Ninja trick I learned from realestateskills on YouTube).

@Jason Xenakis I think you just have to analyze a lot of deals in your target areas so you get quick at doing the initial analysis on a property.

This may be where your initial disconnect was.Something else to keep in mind is your entity structure and how your entities file tax returns.

I haven’t made my first initial purchase of a rental property but I definitely want to and have plans to do so.

If you're struggling, consider offering higher returns initially to attract investors, or partnering with someone who has a solid reputation in the industry.

But they involve some contractual things coupled with some statutory requirements and timing that have to be initiated by the QI. 

Oh I meant that "this is the reality of owning a STR" post and was hoping people could challenge my initial points and maybe add one or two.

Let me share a hypothetical as a cautionary tale for those who are solely focused on completing BRRRR strategy acquisitions:Investor A has $100K to invest and decides to purchase the "B" neighborhood value add triplex and upon stabilization is able to refinance out $50K of his initial investment but $50K is still tied up in the property. 

I had not closed after my buyer had failed to close because he had put down a significant amount to get the property out of foreclosure and had told me he planned to close with his initial lender.