Thanks in advance!

Your strategy of partnering for the down payment is exactly what I’m working toward—leveraging relationships to make things happen.

You’ve given me a lot to think about, especially regarding refining my ideal PML strategy.

Thanks in advance!

You will always have to be an asset manager of your property manager as your property manager is not a mind reader for your investment strategy decisions. 

Being a subject matter expert and having a clear strategy is far more important than picking a market.

This affects which strategy you could pursue.

Whatever you buy you likely won’t keep it down the line as you better define your investment strategy, so my advice is to pick an asset that’s going to teach you the most in the quickest amount of time.

This is often more difficult to find but one strategy would be to talk with STR investors who are active in the market there. 

Loan administration can have a huge impact on how much cash is required to advance projects.