(We would have previously updated the mailing address for the loan so the check comes to us, not the borrower!)

Thanks for sharing your perspective—it’s definitely insightful, and I understand where you’re coming from.While I get that partnering with one exclusive buyer might limit your potential profit on individual deals, couldn’t there be value in the consistency and reliability of working with a cash buyer who provides specific leads/addresses and is always ready to close on those deals?

.- Operating Shortfall Coverage: Addressing operational shortfalls during challenging periods.Objectives of Mezzanine DebtThe primary objectives when using mezzanine debt include:- Project Stabilization: Completing renovations, construction, or improvements and then stabilizing the property with 90%+ occupancy.- Interest Rate Management: Buying time until interest rates normalize or decline.

@Scott Michael GrossOriginally I was just going to move one unit over to them, but they offered me a deal if I moved my whole portfolio over to them.I hope it saves time later on when I don't have to nitpick over maintenance costs since I'll just be paying the $200 deductible - but I do worry that they'll let my properties fall apart since it seems to take them really long to address any issues. 

Notice may be given by: (A) regular mail; (B) certified mail, return receipt requested; (C) personal delivery to any resident; (D) personal delivery at the property to any occupant over 16 years old; (E) electronic mail delivery to the email address used by the Tenant to submit the lease application.

Properties within driving distance offer several advantages:Hands-on management: You can personally handle issues like maintenance, repairs, and tenant interactions, which is invaluable when you're learning the ins and outs of rental management.Cost efficiency: Without needing to rely on a property manager from the start, you’ll save on fees.Faster response time: Being local means you're close enough to address emergencies or inspect the property as needed.Starting with a nearby property often leads to a smoother learning experience.

Send me the address and link if you want - I'd love to take a look.

Whether you're an experienced investor or just starting, having a reliable and efficient property manager can make all the difference in the success of your rental properties.Here are a few key traits I've found important, but I'd love to hear your insights and experiences:- Communication Skills- Organizational Abilities- Knowledge of the Local Market.- Problem-Solving Skills- Proactive Maintenance- Financial ManagementWhat other qualities do you think are essential for a property manager?

Along the sentiments of previous replies, your first concern is pretty straightforward to address.

Is it ok to post a link to the crexi listing or address here so someone with more experience can help me on what else to look for and how to find the additional info?