Unsolicited phone call offering to buy a condo I own 500 miles away in Texas panhandle.  

Hello @Jeanette Land - (Great last name by the way to be into Real Estate)...

I want to work with great people, build long-lasting relationships, and help them grow their wealth while doing what I love.Here’s where I could use your insights:Raising Capital: What’s the best approach for attracting investors who are interested in partnering on real estate development and redevelopment deals?

This was last year and shows the balance to be about $8000 What kind of debt is it? 

The last 12-18 months have been a little rocky in the DSCR space for 5+ units.

As with all regions, the Oregon Coasts' counties and cities are tightening their rules (and quantities of allowable vacation rentals) and there are a few adjustments to last year's regulatory landscape.

So, if you have 10 units and you are going to pay $1,500 a month and you are working on an active income job, too, this is an easy switch due to the labor mentally and physically (even if it is just phone calls) to get these rentals running as a well-oiled machine.  

Then connect with some hard money lenders (you can find some here on BP as well as some who are typing this right now) and connect with them to understand their product type, what they like to lend on and requirements.Hard money broker is all numbers game of making relationships and helping those that are looking for financing, it starts out slow but if you get with a few good borrowers and lenders it can be pretty decent money to be made.As an example we paid six figures last year to HM brokers. 

The last few months have been at Milagro's on Classen.

Lastly, budget for unexpected costs—older NYC buildings often hide surprises.