However, after reflection, I realized I was becoming too emotionally attached to my first investment after a 15-year break and faced challenges finding reliable contractors.Update (5/17/23):After three failed contractor attempts, I finally secured a reliable one.

In my opinion you can't fail unless you don't screen tenants correctly, buy in a bad neighborhood, or get over your head with a rehab.

I came across a fantastic article on the top US Road trips and unsurprisingly The Oregon Coast took the top spot :) Top 7 Scenic US Coastal Road Trips:- Oregon - Pacific Coast- California - Pacific Coast- Maine - Route 1 - North Carolina - Outer Banks- Alabama - Connection By Way- North Florida - A1A - Florida Keys - A1AI might move The Keys up this list a little..but the entire Oregon Coast is breathtaking. 

I found my insurance broker, Steadily, through a BP podcast ad, I found Baselane to use for banking through a forums ad, I found RentRedi which I've used as my PM software for years as a sponsored post.

We got a traditional loan from a local bank How did you add value to the deal?

Hey Ryan, great question, all the banks were anticipating the drop between 25 and 50 bps.  

Buyer shall not misrepresent, mislead, deceive, or otherwise fail to adequately disclose to any particular Obligor or guarantor the identity of Buyer as the owner of the Mortgage Loans.

Bank accounts for each and handling everything separately So, I met with a CPA last week, and the advice she gave me was to create a Holdings LLC and a Property Management LLC in addition to the current 2 property LLC's.  

The difference is the bank underwrites your file up front and offers an ELA or "Express Loan Approval" which is a guarantee to close in 15 days or less.

You'll also want to prepare a personal financial statement for each of the guarantors/owners of the entity, the entity documentation, 2-3 months worth of bank and brokerage statements for each guarantor and the entity itself, any plans, specs, etc for the property, information on your GC, and a detailed Scope of Work from your contractor along with the draw schedules they expect.