And the fact that I've known this wholesaler for quite sometime outside of the business aspect still has me believe there were no fraudulent or misleading practices done here.

Looks like they are a public company so there should be plenty of historical information online about them.Penn Capital Short Duration High Income Fund | penncapital

You’d need to file the Articles of Organization with the Colorado Secretary of State (the cost is around $50), get an EIN from the IRS (which is free and can be done online), and possibly draft an operating agreement, which isn’t required in Colorado but is still a good idea.

Go for a local manager, not an online, discount company like Evolve or Vacasa.Try to interview several managers.

They are super helpful, provide so many forms online necessary for the start up.

It’s similar to the mortgage calculators you can see online but can add extra payments.

It's crucial to understand and follow local laws regarding deposits, documentation, and timelines.A local property manager I knew had a lot of questionable and shady practices, but the one that ultimately led to his downfall was poorly documented and unjustified security deposit reconciliations.

Over the past year, I fully renovated a house owned by a family member, which has given me some hands-on experience.Currently, I am exploring properties that I could potentially fix up and have been practicing underwriting for these prospective investments.

We've strived to learn from other tech-enabled property managers and firms who have failed to scale effectively and implement those learnings in our scaling to now 180 cities across California and Washington state.For what it's worth:We have over 170 4-star or greater online reviews. 

I think HML started to market at PML to give borrowers the illusion of cheaper rates easier terms etc etc when that simply is not true in practice.