To protect this community, they are selective about the people bring in because we all want connect with people who are motivated, committed to the process, and excited about being part of a real estate investing community.

For those who’ve used it, what strategies or sources have worked best for you when covering the difference between your loan and the total project cost?

Hi Rafael, I reviewed your listing as well.

The biggest drawback I see is that you are not in control, unlike owning your rental property.

It is the easiest way that I've seen to do your own bookeeping for rental real estate. 

All states are good to buy multifamily if the numbers work and it fits your buy box.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

A local investor will be best equipped to get repairs and renovation done at fair prices, set rents at appropriate levels, and help select qualified tenants.

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

As an investor you want to really do your research on comps for the last 12 months.