Moreover, for someone in your position just starting, it's best advised to partner with an experienced individual to mitigate risk and adequately learn the process.

I'm a project manager and have a team of over 60 contractors that have all undergone a 5 step vetting process.

Commerical loans are totally different then residential loans, you have to enter a contract and go through a due diligence process before you totally commit to purchase the property.

We love investing into properties that we can hold long term and we have been fortunate enough to have great tenants through our intense vetting process that stay with us for long periods of time.

Has anyone perfected this process?

One of my goals is to develop a solid buy box to streamline our underwriting process and make it more systematic.

RTR and my lender have been great through this whole process.

regarding moving properties under LLC, what would the process look like?

That's an average of 17% annually over that time.The City of Detroit has not only outperformed every city in the Metro Detroit area, its outperformed every city in the USA from 2014-2024:Let that sink in for a minute ... you'll probably need more time than that to process this!

Hi everyone,I'm in the process of purchasing a 5-bed, 3-bath home in Hesperia, CA, and I plan to rent it out by the room.