Avoid common mistakes like underestimating expenses or overleveraging, and vet property managers carefully by checking reviews, references, and their management style.Good luck!

Quote from @Spencer Douglas: I regret writing this bad review, BUT I HAVE TO.

My metrics were to be all in purchase and renovation at or below 80% ARV. 

I had an attorney review the 600+ page placement memorandum before I invested.

They're missed every metric.

You shouldn’t have to go to a second platform to verify a booking.I’m happy to jump on a call to review your current occupancy compared to the market, as well as “the anatomy of a statement.”

You can pay for expediting for plan reviews and the best way to "expedite" beyond that is to make sure that your engineer / consultants are submitting complete packages each review cycle.

For your 1st time, pay a Property/Land/Transaction Attorney to review the title commitment with you to make sure that there are only the outstanding liens on the property, and that the owner has title.- Collect Tax Certificate to verify Property Taxes are Paid- Get a current statement from the seller to verify the existing balance, if they are delinquent, you can get the bank on the phone to verify the amount to make the loan current.- Review the loan documents, there is most likely a due on sale clause, which is why you won't find a title company to process these for you.

Happy to review what you have and advise if it could work.

I understand why carriers associate Condo/PUD construction with greater liability risk (I am sure being based in Philadelphia, a jury friendly city doesn't help either) but curious which carriers others are finding to price coverage without this exclusion and also price the coverage competitively.This also serves as a reminder to review the coverage when you hire a GC for more substantial or unique construction assignments.