If you want to be in a city, I would not choose Go South or North West.   

Regarding the Zelle versus Avail issue, I would advise choosing your battles wisely - as with many aspects of life.

Personally, I would never live in PHX, but that is all personal biases (I prefer seasons and greenery), and clearly lots of people choose to live in PHX.At the end of the day, I would argue market selection almost only comes into play when you are talking assets that cater to institutional buyers that have to get investment committee sign off. 

•Meet state-specific experience requirements, at least a bachelor's degree with enough accounting credits, such as 30, to know a lot about accounting•Complete continuing education (CPE) annually to maintain their licenseCaveats:While CPAs have broad financial training and licensing, many of them choose to specialize in a niche such as auditing, advisory services, accounting and tax, or corporate finance for work.A lot of people say the BAR exam is easier than the CPA exam.

Just make sure you draft an operating agreement that outlines responsibilities and expectations.For financing, and if you choose to go through an LLC, DSCR loans will be a great tool.

Specifically:What area did you choose, and why?

Though I did choose to continue with the suggested property management company of the area, I was able to find different lenders that suited my needs better.Overall the process was very easy, much easier than I thought it would be.

@Katie Southard I think the specific challenge is finding the property management you can trust if choosing prop management.

I’m curious—does the fee get waived if you choose to self-manage?

What key factors influence your decision to partner with a lender for private money in real estate? Are there specific qualities or terms you look for that make the relationship a good fit for your investment strategy?