There is a flaw in the business model and thier internal processes need a lot of work.First the good,Yes, I got paid every month.Nomad found me good renters.Next the badDue to needing to make the guaranteed rent they rented my unit below market valueIn communicating with Nomad they were disorganized, often sending conflicting messages and not alignedNomad offered to find me a repair company, that compnany charged $400 for a $25 dollar part and I was stuck with Nomad saying "not their problem" and the vendor saying Nomad was the client not me.Nomad was horrible to my renters as their property management term ended.

But at the local commercial level, you’ll have a more in depth underwriting review process  

5 units make a huge difference in NJ. 

Congrats on the potential drafting - that's huge.

I like the thought process.

I desire to begin investing asap so I started the process of  learning as much as I can by reading and watching videos.

Any advice or insights into the process would be greatly appreciated. 

Lol.You can learn all about our capital raising process and our mastermind at the webinar below.

It simplifies the process since Zillow handles credit, income, and background checks for a small fee paid by the applicant.Background Check Services: If you prefer not to use Zillow, consider using services like MySmartMove or RentSpree.

Welcome to the community and be ready for a huge amount of information at your finger tips.