Contact the utility provider and get a historical average based on the last year of use.

have you considered bringing in an equity partner to provide a loan?

The sale of our home will provide us with approximately $150,000 to allocate toward investments.At this stage, we feel most comfortable focusing on long-term rentals.

Full Disclosure is Required for Non-Accredited InvestorsIf any non-accredited investors participate in your deal, you must provide them with detailed disclosure documents.The SEC states:“[The company] must give any non-accredited investors disclosure documents that generally contain the same type of information as provided in registered offerings.”This is where having a Private Placement Memorandum (PPM) and Subscription Agreement becomes absolutely necessary.A PPM outlines:✅ The risks of the investment✅ The structure of the deal✅ The terms and conditions✅ The use of fundsA Subscription Agreement ensures:✅ Investors acknowledge they understand the risks✅ They meet SEC requirements✅ They legally commit their capital🚨 Not providing these documents could leave you vulnerable to investor lawsuits.4.

When I asked why this was caught earlier, she responded, "Based on the timelines you provided, we had a team fail including me...

A key risk is the due-on-sale clause, allowing the lender to demand full repayment, though enforcement varies.Keeping the property in an LLC provides liability protection, shielding personal assets from lawsuits.

These can provide good cash flow and are easier to manage than larger commercial properties, especially when you're just starting out.Also, when I was starting, I found local meetups super helpful.

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

An existing duplex provides immediate rental income and proven market comparables, reducing risk.

We've provided this proof MANY times and had cases dismissed against our clients.Your PMC could have handled this better, but since you took over the process, you probably have no case against them.