Yes, you still do online shopping and coordination and so on, but hitting 500 hours in this case becomes far more challenging.

What are your thoughts on hard money lenders for spec builds?

The next option is to get the device (you can get on Amazon) that shows the meter for what one unit is pulling versus the other.

You can also use online resources such as City Data to search demographics in the area. 

It could indicate they lack sufficient knowledge or experience in professional property management, which may lead to costly issues for you down the line.

Quote from @Collin Hays: From a macro standpoint, cash flow is difficult when servicing debt, at least in the early years. 

It is not very difficult or complicated to evaluate commercial real estate, there are plenty of good books available that can teach you how, textbooks, online courses, community college classes, even excellent youtube videos etc, and it is actually quite enjoyable in the process to learn.

What kind of seasoning is generally required as it relates to the rents/revenue as it relates to servicing the note, etc...I currently own one PadSplit (acquired via Subject-to) that has been up just over a month.

I'm looking to not only share my experiences but also offer my services to those who might need them.

Please advise.ThanksMel I'd recommend a local Independent Agency that has access to multiple markets including surplus lines