Hi Gina,After managing hundreds of properties and working with investors for over 20 years, I can definitely appreciate your background and the systems you’ve built—especially having three contractor teams ready to go.

Hey Zach, welcome to the BP Forums.Congrats on your first three investment properties and the land.Wishing you continued success!

The reality is that imposing expensive and time-consuming sprinkler installation requirements will drive property owners to either scale back necessary renovations or avoid permits altogether.Currently, when owners propose substantial renovations, they are often informed that their projects will require sprinkler systems, which can cost around $45,000 for a typical three-decker.

It took three years and I lost over $200,000 on those deals alone!!

It depends on your financial strength, the quality of the property, how many properties you own, etc.I like to start with one significant expense and three months of vacancy.

Step three is learning how not to lose it. 

I only recently became licensed, so I would have a long way to go in order to comply with the 2-year experience requirement, but I have been an active investor for 5 years so I am wondering if I would fall within the 3 year exemption, below:- Have at least two years of experience as a licensed real estate salesperson or at least three years of experience in the general real estate field or a combination of both- Meet the minimum points required for the experience type (e.g., buying and selling your own property, managing property owned by your employer)Thanks in advance! 

I have gotten a bunch of inquiries that said something similar to contact me, @ Eight six seven five three oh nine

The deals not going to get better because of the questions you ask, but we look for three main things from an investor: 1) Liquitity/Financial Assets, 2) A good credit score, and 3, and this is a big one, Experience.

Except the last three years I have been in Brazil I got a rent to own that may not end in my favor.