Then can decide for whatever reason not to fund the loan and keep that engagement fee.

@Dwight HenningRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Do you have title company selected and title cleared?

The insurance companies might require this. 

As for the initial investment, I am working towards securing the necessary funds and am open to exploring various financing options that can facilitate this.Despite facing numerous challenges and setbacks on my real estate investing journey, I remain determined and resilient.

In my opinion, even if you partner with a local PM company or turnkey operator your returns will drop significantly.

✅ No risk, no cash out of pocket✅ You work with, cooperate with, the homeowner instead of negotiating against them✅ No tenants and toilets✅ No maintenance or repairs✅ Short-term deals with sizeable assignment fees✅ Those fees can fund long-term strategies like buy-and-hold or fix-and-flipIf you’re an aspiring investor looking for a low-cash entry point into real estate, Cooperative Assignments are an effective strategy.  

Their return is better than most note companies.  

@Suzy FarmanHere’s what’s worked for me:Leverage Airbnb/VRBO: Many insurance companies use these platforms via third-party services.

You’r going to we the same taxes when you pull the funds out.