There are rules and situations unique to each state and that is why you want to go with a local lender vice someone just reaching out to you telling you they can do it. 2) Better recourse if the lender screws something up: a local lender has more skin in the game so to speak as if they screw something up their name will be mud to local real estate agents in the deal.

I've done this so many times it is crazy, so speak with experience.Also in small towns trades can be tricky. 

Sometimes I wonder if people just feel better about themselves to spend all those nights and weekends on real estate when, realistically speaking, they would have earned just as good a return (or pretty close to it) by investing in a stock market index fund and had way more free time in life  I realize my premise here is antithetical to the whole notion of BiggerPockets so of course bigger pockets hates me writing this, as do all real estate agents and property managers, but it’s the truth and everyone needs to think about it

So far I am happy with my property manager but constantly want to be on the lookout/speaking with other investors in Detroit about their experiences with their firms.

If you just hire the cheapest or first PMC you speak with and it turns into a bad experience, please don’t assume ALL PMC’s are bad and start trashing PMC’s in general.

There is plenty of meat on the bone for him so to speak.  

Summary:The math speaks for itself.  

@Shariff HuntThe fact that no one has had positive comments should speak loudlyThis sounds like you are a broker for firms for people looking for moneyYou don’t need to pay for training on this

“Jorge, you’re speaking my language here—efficiency is the game-changer, and every move counts.

I just paid my attorney 15k today in just fees for 4 entitlement contract red lines and we arnt even under contract yet!