Your journey so far sounds impressive - developing strong analysis skills, building relationships with brokers and industry experts, and even securing potential sponsors is no small feat.

I would first say take an inventory of your whole process from financing to ending a relationship with a tenant.

Relationships are invaluable, and, while you can build them from scratch, there's going to be a huge learning curve and likely some expensive lessons.If you're looking to do BRRRR deals you will have the most success paying cash, doing some light renovation, and then refinancing once done.

Communicate, treat everyone with respect, and provide ample time.I have autism and struggle with relationships.  

As a private money borrower, some of the biggest challenges often include securing favorable loan terms, managing tight deadlines for funding, and maintaining a solid relationship with lenders.

As I approach my 20th year as a real estate broker in Texas and my 30th year as a small business owner, I've decided to think outside the box and use what I have to get what I want.  The best way is to converse with l...

Analyze deals using key metrics and build relationships with professionals.

Our relationship with them is not ideal, we have already had to serve them a cure or quit notice earlier in their lease term (approx. 1-2 months after moving in) due to multiple, egregious lease violations, however because they “cured” the violations could not proceed with evictions.

You might want to include clauses that adjust the split based on performance or time invested.Potential Risks:Market volatility: The Georgian real estate market might be subject to fluctuations.Regulatory changes: Laws regarding short-term rentals or foreign ownership could change.Currency risk: Since you're dealing with EUR in a non-EUR country.Overestimation of Airbnb income: Ensure your projections are conservative.Renovation overruns: Both in time and cost.Partner relationship: Ensure all terms are clearly defined in a written agreement.Regarding the 70% rule, remember that this is typically used for fix-and-flip properties in the US market.

You can also begin making relationships with property management companies.