While it's always best to have a plan for how you are going to execute your exit strategy BEFORE you get started, if you're like me and just jump in you could easily find yourself wondering how to execute this plan if your initial plan runs into problems.BP is full of great advice on refinancing and if you just post that is what you're looking for, the vendors will come out of the woodwork. 

@Nathaniel Aaron Chaney So where do you put an initial investment?

In the initial days of these we did quite a few. 

There's even a portal for tenants to initiate a maintenance request. 

Consider Fix-and-Rent ApproachIf flipping margins are too tight, you could renovate properties to rent out initially.

Bought for $180k in 2023, dumped ~$120k into the rehab (about double what we initially estimated), and raised rents from $525/unit to $1200/unit.

I'd be happy to look at the construction numbers. partnerships are tough, it's better to be transactional with both people happy with initial terms and not counting on a sale. we do partnerships like this in COLUMBUS OHIO and miami florida and I'd be happy to help advise. how much experience does the GC have with new builds? 

The private money was for the initial purchase and rehab only? 

Many attorneys will provide an initial consultation without charge.   

He thinks they can rent each room out for $800 for a total of $3200/monthHe has offered 10% for me to manage the renting of the rooms to the tenants and to take care of the lawn and snow.This initially sounds low to me.