A couple other tips;you can’t use the renovation loan to finance renovations to the commercial space. only exception is if you need to do repairs to the core structure or mechanicals that are integral to the building (ie, structural work, sewer lines, water mains)Make sure you work with a lender that knows how to do these.

Sometimes you have to for a new client, but I would try to build more rapport on Zoom meetings or prep calls so they sign the exclusive before you start showing.How is it going for you?

We sure have and are now doing a deal for this investor where they keep 100% of the profits.Folks that do their best, will make mistakes (Honest mistakes for those that work with integrity).We have been thrown under the bus quite a few times on this forum like many others but I sleep peacefully because I know we don't steal, cheat or lie and always do our best for everyone.Many times things work out well and other times they don't.Such is real estate and such is life.I don't think one can be blamed for doing their best.Upwards and onwards and wishing you all the best

With me as your agent you get to meet me at the house and I bring trash bags and we clean together all the stuff you don't want covered up in the walls.

Have you looked into attending local meetings and joining Facebook groups?

Thanks for the mention @Nathan Gesner@Jodi-Ann Birch we don't do business up in Flint, but we have encountered Gebrael Management a few times as they've tried to do business in Metro Detroit.They seem to have good processes, but please validate they will meet your expectations.Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

You have come to the right place to begin your investing journey.Have you looked into attending local meetings and joining Facebook groups?

I’m actually moving back to Cleveland at the end of this month, so would love to meet up if you come!

Good afternoon allJust for general discussion.....and I know there is a lot of information not given....I was discussing with several colleagues at a recent investor meet up, on their thoughts on best practice/method to acquire another property management company in our geographic location.We were approached by another management company who's owner wanted to retire and presented us with an offer.Original discussions with the other management company(seller) had them wanting a one time payout, say $100,000.

Appreciate your inputs on this and thank you in advance.RohanIn order for these losses to potentially offset your W2 income, you or your spouse would need to qualify for REPS and meet the material participation requirements.