Definitely screen properly and don’t cut corners!

"You’re Taking a Cut as a Middleman, Making It Worse?"

Use this meeting to gather their perspective on the property and understand their goals before making any offers.Keep It Informal Initially: Avoid jumping straight into specifics about pricing or terms.

I wouldn't want someone to hold back, I prefer honesty and straight talk. 

I thought he was super smart and a straight shooter. 

I speak for many on here that i value straight forward info and transparency.

They will typically take a cut of the development fee and it’s worth it.

I have little confidence in turnkey providers, deals are already hard to come by, if they take another 20% cut before.. much better to buy a property from an owner that is in good condition.

If you’re using leverage, be extra cautious with your underwriting to ensure the deal still works at today’s rates.Economic Uncertainty: Inflation, potential recessions, or shifts in demand could affect rents, vacancy rates, and property values in some markets.Increased Operating Costs: Rising insurance premiums, property taxes, and maintenance costs can cut into profit margins, particularly for buy-and-hold investments.Regulatory Risks: Some areas are increasing restrictions on landlords, particularly short-term rentals.

Especially when the insurance paid for it, contractors don't cut corners.We have probably several water issues every year across the portfolio.