Both have Maintenance Request, which is great for tracking past issues with each home.

I've done full guts in 3 months and in 8-9 months, just make sure you're tracking everything so that overtime you and your GC become more efficient. 

, total paid I also have a tab for maintenance to that specific unit Was wondering what other things you guys might recommend keeping track of?

Do I write the LLC a W-9 and write a check from the LLC into a personal account for tracking purposes? 

Here are some key red flags to watch for:🔴 Lack of experience: A borrower without a proven track record in real estate projects may struggle to navigate unexpected challenges.🔴 Overly optimistic projections: Unrealistic ARV (after-repair value) or underestimated rehab costs can signal poor planning—or worse, a lack of transparency.🔴 Incomplete or disorganized documentation: Missing detailed plans, financial statements, or timelines could mean the borrower isn’t ready to execute the project successfully.🔴 Over-leveraged finances: Borrowers with excessive debt or insufficient personal capital invested in the deal could pose a greater risk of default.🔴 Questionable property comps: Overstated market values or inappropriate comparables may mean they’re inflating expectations.As always, thorough due diligence is your best protection.

After all PITI, utility, and services (lawncare and cleaning) costs I have $7,225.I set aside 25% of this for my maintenance fund.The remainder funds my lifestyle, wife has a Tesla, and quarterly vacations as well as business growth.In 2023 I am tracking to build 4 duplex units designed as room rentals funded in part from a recent land sale.

Just ensure you keep track of when the property use changes.

It’s essential to consider factors like payment plans, projected infrastructure developments, and the track record of the developer to make informed decisions.The most successful investors are those who carefully analyse the potential of each project rather than being swept away by the allure of glossy marketing.

You could use the equity from the sale to get back on track financially and reinvest in a more manageable property to kickstart your investing journey.

I don't have a proven track record yet so I need a sponsor who does and can get great financing from the banks