Personally, I'd spend a little more if I knew there was significant value add there.

Any insights, advice, or personal experiences would be greatly appreciated!

I also use their virtual credit cards which enables me to assign a card to a specific person, like the cleaner for my STR for example, so when she runs a charge, it automatically drops into the right account in terms of categorizing my expenses.

this is only a good idea if you have reason to believe that the area will be appreciating quickly, which is called speculation and akin to gambling not investing. me personally, I would rather put my money on black than bank on market appreciation. negative cash flow rentals are a time suck and money suck.

I love finding VA Assumption Loan deals and have personally secured one so far as a rental property with a 3.3% interest rate. 

I need all the friends I can get since I currently only know one person (who I don't really know).

I haven’t personally had a bad experience yet, but I know it’s definitely something that can happen in private money lending.

In fact, New Jersey law prohibits you from listing personal identifiers on the form. 

Hello @Yvonne Wang,The scope of work should include the following:- Basic info: Property address, client name, contractor's contact info, address, license#'s, signed general/operating agreement b/w contractor and client- Specification of repairs: Repair item, Quantity of items needed, total & per unit cost of items, taxes (if applicable), Completion hours, title of the person responsible for the repair item, written summary describing the work- Add'l info: Schedule of repairs, additional payment schedule details i.e. disbursement schedule, method of disbursement, deposits, holdback amounts, etc.The screenshot below highlights a couple of repair items.

Unrelated persons ordinances are common.