And while I agree that debt is often the cheapest form of capital, if you are looking at a project that involves some form of value-add business plan, you can always refi either when rates come down or you have increased the yield on the asset to exceed your interest rate.But like Stuart noted, for many groups, even the most seasoned syndicators, raising call cash for their deals is effectively impossible.  

Have you investigated any local rental ordinances?

I'm a local Denver agent primarily, but I'm familiar with some of the challenges up in the mountains because no deals make sense running the quick math. 

✅ Do research your local market before setting prices.What questions do you have about getting started?

Most of these course instructors aren't qualified to teach anything but the most elementary real estate concepts and try to make their courses more marketable by teaching concepts they have no business teaching. 

In the latter case, I would still use QB to enter info provided by the 3P servicer and to maintain my general ledger for the lending business.

Using a local real estate lawyer is useful and cheap.

Follow the local licensing and disclosure laws.

I'm having a hard time trying to find a bank that I can open a business account with online.

If I'm staying one night somewhere, a quick business trip or something into Denver to show clients homes, a hotel is my choice.