For starters, the prospect passes our 3.5x income requirement, has a 700+ credit score but a few things that I seem to have trouble with is the management company that was on the application, I wasn't able to find any viable information through regular web searches, but through the Business public record I found an LLC to this management company which I found was created 5 months ago. 

We created a there--step framework for investors to be able to invest passively in any type of real estate.

This creates a negative initial position.

The shortage exists for lots of reasons, but a lot has to do with lack of trades folks to do the work, which drives costs up, which creates "unaffordable" housing. 

I created a detailed BRRR excel spreadsheet to analyze deals.

I also don't know if this is creating such a large cost, that it puts us more in the negative and makes it not worth it. 

@Christopher J FuchsTo prepare for your first real estate investment, focus on building your credit score, market research, planning your investment, networking with investors, creating a savings plan, and exploring financing options.

If the reason is one of the three I pointed out (usually is), it should create pause on your part.

You want to create continuous referral sources.

And if that doesn't work out, I think that creating passive income and having properties that will continue to acrrue value is very appealing.