The lender rep or broker you are working with should be able to walk you through each step so you have a firm understanding of what has to happen in order to get your file to closing. 

After talking with an operator I felt he was a good choice for a tenant and he mad a great offer above market for the apartment so we agreed.In the past I would usually rent my own units and to stay competitive I would keep an eye on the rentals in the area and try to be one step above if I could....This time that was a little tougher as the neighborhood hasn't gotten very trendy. 

I’ve had to step out of my comfort zone and do a lot of the repairs myself.

Each step can become a 15 page tutorial.

I was originally supposed to be a money partner only, though it has progressed to the point that I am having to step in to prevent as much loss as possible.

With that being said having your team in place is the biggest stepping block to having success in the real estate world. 

This involves working backward from the final aim to determine the steps.

Next Steps: Market Research: Look at local rental comps to get a clear picture of what a 4-bed/2.5-bath would rent for, as well as how much an ADU could bring in.

The first step is talking to a lender and getting pre-qualified.

Hello my name is Fernando just stepping into the renting and landlord area.