Hey @Cameron MarroPersonal Loan or Line of Credit: If you have decent credit, a personal loan or line of credit could give you access to the cash you need for renovations without using your property as collateral.

Not sure if they have upgraded to desktop appraisals but if they are still doing in person appraisals , make sure you get everything (scope of work, good faith deposit, social, LLC docs, insurance, proof of prior experience, financial statements) in ASAP.

Living in one unit and renting out the others allows you to deduct 75% of expenses like mortgage interest, property taxes, insurance, and shared repairs as rental expenses, while the remaining 25% applies to personal use.

I started a property management company in 2017 and am now managing almost 800 doors and 6 construction crews.If I could do it all over again, I would have spent a little more time setting up business systems prior to jumping in. 

However, the best deals are often off-market, so networking with local commercial brokers and wholesalers in Cleveland is key.For finding investor-friendly agents, check out BP forums, local real estate meetups, or even property management companies, they often know who’s selling.

I own 11 properties currently and I have only sold 1 in the past because it was a condo with a fraud HOA company.

On more than one occasion I’ve talked with a person or two that was offering real estate coaching and I found out very quickly that either it was not what they were advertising or they was not far enough along to be coaching anyone except maybe a complete newbie or maybe it wasn’t the strategy for me.Anyway, that’s my ramble for this morning.

- Agents and title companies I work with always expect EM to be delivered within 24 hrs of opening escrow.

I personally would avoid over investing in this unit.

My current property management company doesn’t offer this service, and the only company I know of is very hard to communicate with.