If you need to get it rented fast, a great property manager would list the home for $2100 (below market) and get several quality applicants competing against each other to drive the price up to the max so you don't risk vacancy by starting out too high and gradually reducing to find the sweet spot.

Very new to creative financing, looked at DSCR loans last year but don't know how to check on the lender for reviews or scams. I can search it but same deal, the search engines don't evaluate the results. Thanks for a...

Chris answer is spot on.I'll add "quick closing".You won't find investors easily, you have to go to a lot of meetups to build them.

Where are you most concerned about your blind spots?

I know a lot of Chicago investors are here too; but if you were in my spot would you recommend Chicago as prices are too high and I have never been to the city moving next year.

Don is spot on in illustrating the pitfalls, both obvious and no so obvious!

It doesn't take long to learn how to spot a good deal.6.

No tax so far I think.2) If I convert that partnership interest into shares in a PUBLICLY traded UPREIT I trigger tax on the deemed sale/exchange of the partnership interest into stock of the REIT?

In fact, given current boom in Stock market, one is way better off investing there.

Aloha Paul, you are so spot on!