The rest: hiring for acquisitions and dispositions roles, finding qualified and legitimate buyers, building a network in each market (inspectors, realtors, etc), having robust operations and processes in place, all while conducting an honest, reputable business with homeowners is very hard.

Is the management company financially secure?

I decided to put security and doorbell cameras all around the exterior to deter her From repeatedly breaking lease. nothing  what do I do?

I laughed and stopped listening to the guru when I realized that you can't just tell people that their money is secured by real estate and that in 2nd position they will ALWAYS get paid.

Its not that the operator does not qualify its just the banks by and large do not have that product.. what a lot of bigger players do is use their securities as collateral and pull loans through that avenue and those can be very good rates..

We secured the property for $28,000 and sold it for $41,500.

I’ve heard about ‘gap funding’ for fix & flips to cover down/closing/holding costs in addition to the hard money loan for most of the purchase price & rehab, but how realistic is it to secure that type of funding?

For borrowers or investors interested in properties that sellers will not carry or without an assumable loan or accessible reserves, my suggestions would be to try and secure a seller concession towards closings costs or an interest rate buy-down.

As an update though, we did move ahead and were able to secure a 1X close construction loan that automatically converts to a 30-year fixed rate. 

@John Williams politicians at all levels of government are taking away landlord property rights to protect slum-tenants.We'll soon be like Ontario, Canada where they can't charge application fees or security deposits and it takes 12 months to evict a tenant.Unfortunately, landlords are too cheap to make political donations to stop the madness:(