In the end, everything worked out and we were able to overcome the little hurdles as they came up.

If you understand the reason why you are diving into real estate, then you can overcome any hurdles the next couple years.

@Jake Stevenson - Hey Jake, I'll DM you with a few recommendations for lenders in the area that I have used for clients and personal deals.I always tell people that (1) responsiveness is most important (they will send you that last-minute pre-approval when you have a property you are interested in, pick up the phone for a question, etc), and (2) knowledge of loan types, programs, and requirements so that you can know everything up front instead of getting hit with unexpected hurdles throughout the process. 

So that could be a good way for you to get into one of the "has a higher hurdle so some people stay away, making prices better" areas while also enjoying a fast FC timeline.

Counties just started allowing electronic assignment recordings never mind moving to something this advancedNot saying it’s not a great technology as I don’t know enough about it- but it has a ton of hurdles

Not to mention that Joe probably doesn't know what forms and disclosures to use to keep him out of legal trouble, how to instigate a bidding war, how to best handle multiple offers, how to push back on unreasonable buyer demands, how to negotiate the best terms, how to run an open house, how to document and handle escrow funds, etc.A lot of people think agents just show a house, shake a few hands and collect big fat checks. 

if I'm a buyer's agent I will not allow my client pay so much for a house that is not worth the listing price because I will religiously pull comps and if your price is unreasonable?

If you use Airdna you have to calculate manually and subtract in general though, you can think of your cleaning fees, debt service, capex contingencies, and other operating expenses (supplies, utilities, etc) as a sort of “hurdle” that you need to overcome with revenue before you start making a profit.

Definitely helped me get over some mind hurdles.

Locating a cash flowing asset and then financing it favorably is the largest hurdle for most even here on BP.