What measures have you taken to ensure some safety and deter local nuisance?

They will shop the available options for you and present you the best options while pointing out where the policies differ from each other.

Common utilities paid by the landlord will be similar if not the same; standard services (extermination, changing filters, snow removal, fire safety inspections etc.) will cost the same.Expenses will vary depending on the market.

It’s a very small asset class right now for any feeling of safety.

Quote from @Chris Seveney: @Jonathan ChanI am all for communication - but how do you enforce that communications policy?

The REFINANCE part of the BRRRR strategy is broken with changes that Fannie/Freddie made to their cash out refi policies end of last year.

If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.

I know they have have a stellar track record & hVe never missed a payment, but still I need to understand the safety of the investment in a worst case scanrio?

Relationship-Based LendingBanks: Normal transactions are always cold-blooded and policy-oriented.Private Money Lenders: Most often work with borrowers to create solutions and value relationships over strict rules.The Bottom LineThe power of private money lending, I think, is a pretty effective alternative for borrowers who need speed, flexibility, and customized solutions—especially in industries like real estate investing.

If your policies and procedures aren’t in place.