Site selection, estimating/detailed budgeting, all labor/material/soft costs are an open book with no markup/GC fee, and i own all site management from groundbreaking to closing.- Total cost of these projects would range between $390k-$550K.

My suggestion would be to select someone with the most forum posts or most reviews.

For such states, perhaps the LP could file non-resident state returns themselves if the CPA is pushing back saying no need to file state returns since there is no income but only loss.Also wonder if the GP can selectively file composite returns for some LPs who want it.

Selecting the right tenant is probably equally important than selecting the property to buy in the first place - in a way the house is not cash flowing, it's the tenant.

@James LuctamarIn our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING. our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.

My suggestion would be to select someone with the most forum posts or most reviews.

That's pretty impressive.

My impression is that this is a good deal for the seller, a bad deal for the buyer.

I was under the impression the bridge loan could be your down payment until you can close on the DSCR/conventional mortgage and then the cash refi makes the lender whole on the bridge loan.

My suggestion would be to select someone with the most forum posts or most reviews.