It seems like the real support you would receive from Pad split is them helping find the occupants/tenants And them processing the rent.

If you are the property owner, you can manage your own properties without the license.

Based on the prices, now seems like it's probably a pretty good time to buy in Galveston. 

It's usually the member/borrower's creditworthiness that is the issue and interferes with approval, not the LLC. 

@Frank Alfano agency debt is very competitive (75-80 ltv, non-recourse, fixed-rate etc); you can syndicate and raise the equity portion needed from friends and family, provided you can market and lead the project.

It has been my life's mission to build my own duplex, house hack it & use it to catalyze the BRRR cycle.As I get closer to breaking ground on the project, I'm still not 100% confident in it's feasibility due to the costs of land & construction considering it is mandatory to secure an appraisal 20% above build & land cost. 

I don't recommend throwing the baby out with the bath water, and definitely make sure you understand the nature of the Mentor you choose.BP is a great resource to meet some amazing people. 

How do we stay in the real estate game while minimizing our risks? 

Ain't that the truth Will.

Love the visual!!