Just like any aspect of real estate investing, non-consumer lending at a large scale is a relationship business. 

Tried QuickBooks and didn't like the Customer/Vendor aspect for properties and tenants.

It allows you to skip the stress and time-consuming process of managing rehab projects and focus on the cash flow aspect. 

Hey All, one important aspect to consider about real estate developing paper losses.

We've had to deal with each of those aspects at one time or another. 

I imagine there’s a different dynamic with tenants sharing common spaces, so I’d love to get your insights on how to manage this aspect effectively.Thanks for sharing your experience, looking forward to learning more!

I would get an attorney or title company involved to create your loan documents to ensure they comply with the law and cover all the aspects you need.Another method that is likely your best bet to take on investors is to create a joint venture (JV).

As I am new to this and looking for cashflow using rentals, one key aspect of this investment is to ensure that the unit rents out quickly and while I do understand that cash flow to begin with might not be attractive, it can be a good investment in the long run if the location is right(as appreciation also kicks in).

I 100% agree with the intent aspect and that is an important premise, but the fact is in this particular situation intent for it to be personal use has been confirmed (by way of a public post).

What aspects of BRRR do you want to discuss?