There are thousands of Lenders out there which provide different DSCR loan selections and everyone is going to have different rates and terms and costs which can become very confusing. 

Do not select the first Property Management (PM) company you talk to.

If you can establish a solid network (even virtually at first), and maybe leverage your savings to buy a property with rehab in mind, the reward could be the path you're looking for to make those five-year goals a reality.Of course, the risks are there, but if you're comfortable and see the upside, it could be worth leaning into.If you need more insight into BRRRR execution or anything specific about market selection and building a remote team, feel free to ask.Hope that helps!

And I understand that i am college kid with no money or experience but then you see people like Rob Beardsley who dropped out at 20 and bought a 200 unit property through syndication and then you think, hm, maybe its possible.I am fairly new to the real estate investment and what I have learned so far is choosing a mentor and attend real estate workshops then expand your network which will help you to pick up the pace, select your investment strategy and grasp the business model.

@Fernando CarloIn our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

At the end it may cost you more than selection a premium company to start with.We firmly believe in honesty, transparency and constant communication.

We selected Breezeway.

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

Another good choice is Matthews, 25 minutes southeast of Uptown, which has a walkable downtown area with a small selection of restaurants, bars, and coffee shops.Traffic is something to keep in mind, as Charlotte is growing fast.

Here's an article with things to consider when selecting a cost segregation company.