Financing- build a relationship with a regional banker, don’t shop for interest rates, start small and build history and loyalty they are your team, Cross collateralize, deposit CD/MM or custodial account with bank for loan, give them monthly updates, nail your deal analysis, do stress tests on your deal analysis-cost/interest rate/deal length/ sale price etc. 12.

It has been somewhat stressful coordinating activities and coming up with the best plan, but I went ahead and contracted with a PA.

I remember how stressful this was... it just felt like an endless saga that would never end.  

The stress involved in dropping a big deposit is such a PITA.

i can't even imagine that how stressful is that . 

It's time, money and stress for everyone involved.Can you visit the jobsite one time and have a face-to-face meeting where you pay him $1000 and sign a note that guarantees he will recieve the final $1000 after completion?

•Run your numbers conservatively and stress-test your investment.Lastly, I’d reconsider Section 8 (S8) for your first deal.

We have an added layer of stress compared to something turnkey in the traditional sense. 

So as a result of my “asset protection” procedures, the end result was that instead of being sued personally and having to spend the time, money and emotional stress of both defending my self AND suing the insurance companies and condo association, the plaintiffs accepted an ASSIGNMENT of proceeds and signed a form releasing me and my LLC from liability in exchange for the right to go after the insurance companies themselves. 

But I also sometimes think owning only 1 property in LA would be less stressful and a more reasonable mortgage payment would improve my quality of life.