First of all, my personal credit was a very good at 735 midscore. 100% financed tidied it up just a little bit more with  just cleaning up a couple of things on my credit.

If you set the vision and then define the roles and responsibilities I think you can have an easier time finding the person you are looking for.

Do you have a personal connection to either of those cities/markets?

For example, they won't need to cover your personal belongings (furniture, clothing, etc.) because you won't be living there.A landlord policy should cost about the same as a homeowner's policy; it just changes what is covered.

Maybe getting a referral from people who are respectful of the property will bring you a better quality tenant?

Many require that you keep funds separate from personal funds.

You'll get differing amounts and qualities of leads depending on the type of marketing, but also depending on who you're marketing to and where.

Since the original loan was apparently for a primary residence an LLC could never qualify because it isn't a person who would owner occupy the property. 2.

I think if you leverage 70% of it you’re going to seriously cut into your cash flow and personally if I was going to have $7M in debt I’d prefer it to be spread over several projects built slowly.

Sounds to me like you’re commenting on how the quality of the course is without having seen it.