.- Strategies for building relationships with potential investors that lead to long-term partnerships.- Any unique approaches or tips that have helped you stand out and attract capital for projects like ours in the California market.Looking forward to hearing your experiences and advice!

There are some rules around this transaction and if not done correctly could lead to taxation and penalties as you suggest.

to generate leads.

I have yet to make my first deal and am currently struggling to find leads mostly because I am cash strapped and trying to budget as I go.

Have a great time and make connections.I might eventually do a convention solely on NNN I put on but it will be in GA.Bigger Pockets is more global now.

What do I do or say when a potential seller lead ask me for proof of funds to put the house under contract?

I need a checklist for both my leads and deals.

Check with the local Chamber of Commerce.They may have some leads.

@John BertolonIf your goal is to have tenants move out so you can do renovations I'd hold off on doing upgrades unless they lead to higher rents.However, if you want to keep the tenants and the repairs are inexpensive and beneficial long-term, it’s worth doing because vacancies will cost you more.Replacing items like appliances can be costly, so if they're working well, I wouldn't address those kinds of requests.

The clientele tend to be habitually unemployed/unemployable and relapse is not uncommon, which often leads to fights, damages, or the revocation of licensing privileges by the municipality.