.), and I’m transitioning into real estate to explore new opportunities and challenges.I’m particularly looking to connect with experienced professionals and find a brokerage that offers strong training and mentorship for new agents.

To your questions though, my clients have not experienced the dramatic loss of negotiating ability that you have illustrated.

During the 2008 financial crash, property prices plummeted, but our clients experienced no decrease in rent or vacancies.My point is that the tenant segment your property attracts makes a huge difference in income reliability.What do I recommend?

With that in mind, I would seek out experienced investors in your area to ask them.

Find an experienced investment team and learn about the market.

You're offering to increase marketing and add an experienced assistant to help guests.

We experienced this in Pocatello Idaho.

There are lenders that will finance newbies, even at 100% of the purchase & rehab, but if the numbers do not make sense, the chances of that deal getting to the table are thin (especially if the lender wants to help borrowers succeed, not help them fail).The lender's underwriter looks at every deal, but especially the lesser experienced operator's deal to determine what is exposed vs what is the return.

If you're an experienced real estate investor living in or around Springfield, IL, I'm looking for someone to provide advice and constructive criticism of my ideas, plans, research, and goals with.

Maybe the compromise is you rent it out to someone experienced in this space.