I look at the ARV when we purchased the property and track/monitor that each quarter.

In Franklinton there are plenty of large projects going on that will bring massive growth to the west side of Columbus, such as the Peninsula Development, which is a multiphase project that will erect a 24 story apartment complex featuring a grocery store, a multi use office space building, and a new hotel featuring a two-story venue.

Pick another state where my company has an office and see if there’s an opportunity for cash-flowing properties.

So my loan officer may direct me to not disclose those properties while applying for the refinance.  

I already have a Stessa account which can be connected with a bank account and has the benefits of collecting rent and keeping track of documents, receipts and transactions.

My experience is that the major platforms want two things1- sponsors with a verifiable track record of success in the same property type2- sponsors capital investment in the projectSponsors utilizing these platforms have a large "gap" to make up - that being the difference between the amount of capital raised and how much of that capital goes into the actual asset, vs how much goes to fees, costs, etc. 

There's obviously quite a bit of diligence that comes after such as who the key principles are and their credentials/track record (both balance sheet and experience), the underlying real estate and thesis behind the investment & tax prep and audit procedures but as a general rule of thumb if the investor can't get past the first part which is understanding what they are investing in, passive investing is probably not for that individual. 

8 in 24 months is no joke, especially chipping away one at a time, I'm sure it has come with plenty of teachable moments, but its awesome that you are able to ask the question of how to scale.To start, a hard money lender that is only allowing you to do one at a time with your track record is... well... kind of silly.

In my office - applicants cover the fee entirely.  

@Jardin GwinYou're on the right track by researching and building a team before making your first investment!