Hi Randall-Congratulations on buying a rental property well back in 2020.I am sorry to hear the property is now cashflow negative $200 a month.Your question is should you sell or continue to keep it with the negative cashflow.Depends on your personal goals and if being negative $200 a month plus any unexpected repairs or vacancies is affordable to you, but if you can solve the negative cashflow by turning the property into a furnished mid-term rental, for example, your future self may thank you.To Your Success!

The financing arrangement must be at arms-length and cannot involve a disqualified person (e.g., you, your spouse, family members, or certain business entities tied to you).

This gives them significant control and security.Joint Venture Agreement with Personal Guarantee: We establish a Joint Venture (JV) agreement that includes a personal guarantee, providing an additional layer of security for our investors.Memorandum Filing: We file a memorandum in the county where the property is located.

You likely will max out before 10 though as the average person with average income will have difficulty qualifying after a few loans because of things like the DTI (debt to income ratios).

What have been the best ways for you to grow your business while still having that personal touch?

I don't know, that's a personal preference.

This is anecdotal, but I come across of ton of GCs looking for spec-build financing in local meetups and networking groups, such as on facebook on in person meetups. 

If you are buying in a LLC there is typically a loan agreement and personal guarantee that is common

Personal Reflection:• We’re excited to start this journey but realize we have a lot to learn.

Make sure your listing highlights proximity to the base, schools, and other conveniences.Lastly, a personal tip: When renting near a military base, be prepared for quick turnarounds.