Pricing models vary, but I use a flat-fee approach based on the intensity of design strategy and level of investor involvement.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Anything beyond that makes me wonder if he might stay too involved.

Leverage magnifies return. 3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.

I was involved in two small infill developments in Michigan (about 15 houses in total) so two very small parcels. 

Decide how involved in real estate you want to be.

But anyone who considers themselves a GC for hire, it's a bit odd they wouldn't first get their ducks in a row, it's quite easy.If it was me, I wouldn't worry about him not being licensed/insured, I would just make sure to vet him.

BBB has them at a D-  rating because previous similar bad outcome 3- If you are really in the same boat as us, you need to start a class action lawsuit that involves all the investors in that project and/or sent a complaint to the attorney general in Florida that involves all of us get him to liquidate his assets, pay us back and get him behind bars.

I’ve been involved in real estate investing for over 30 years, so if you ever have any questions or need guidance, feel free to reach out.

Hello Kenyatta, I'm also new to New Orleans and actively getting involved in REI.