I recently had a conversation with a Russian-speaking realtor from Ohio and wanted to share some insights:Competition among investors is very strong.

Once you do this conversion you can't change it back to a traditional long-term rental. 

There were lease violations disrespecting the other neighbor's leased space and harassing the other neighbor and they smoked in the property against lease, lied about conversations, has made up stories about plumbing issues that plumbers couldn't find causes to, tried to get a dehumidifier and force me to pay, accused me on two different occasions very agressively in regards to the heat/electric service.

However, I'm assuming that my private investors won't agree to a POF unless they see the deal.Should I have a conversation with my private investors and ask how much they would be willing to lend?

Working to figure out which route has the best conversion rates when targeting specific neighborhoods.

Contact me for a conversation.

It’s always a good idea to document the conversation too, even if it’s just jotting down the details for your records.If they don’t take the warning seriously, you’ve got options.

I need to find a HELOC loan for a big capex repair & garage conversion at a 4-unit building in Cincy, OH that I'm managing out of state. 

I would include your realtor in the conversation, at least when you're introducing yourself.

Plus, I use it as my CRM to keep all the info about clients, properties, and conversations in one place.May God have mercy upon your soul.