@Alec Barnes As the owner of a property management company in Texas, I completely agree that a solid screening process is essential for placing quality tenants.

It's such an exciting part of the process!

Purchase price: $150,000 In the process of buying 1.21 acres in Isabela, Puerto Rico.

Speaking of iteration, allow me to share with you the iterations and processes we go through in our Multi-unit Acquisition Program: After a client gets pre-approved for financing, we go through multiple deals to find the best ones that meet our metrics.

Many states have a "reciprocal license" program to simplify the process.

Now you repeat that process until it's paid off.Disadvantages:It took a while for me to set up.Bank account is always low, lol.People can spend a lot with that amount of credit.People think I'm weird when I tell them DId you analyze what would happen if you moved all of that money you were using to pay off a heloc, not get a heloc and put that money in a treasury or other type of account that got you 6% interest or invest in an ETF or something lower risk?

If so, does anyone have any referrals to help me with the process?

If they are not paying rent then go through the eviction process as normal.

Renovating a 3-unit townhouse sounds like a great project.How’s the process going so far? 

A strong team can streamline processes and reduce headaches.Expand Knowledge: Podcasts and forums like BiggerPockets are great tools.