I am looking at a condo that is located across the street from a Sonesta Suites extended stay hotel.

Social media is a great way for you to stay in touch with your sphere of influence and tell them that you are now in the real estate business and would like to help them and anyone that they know buy or sell real estate.

To me the value in diversification is that it helps nudge you to look for other opportunities and revenue streams where you might otherwise just be content to stay in your lane and then you'd never find anything new. 

We were staying in Pendleton (yes, on-base).

.* Automate Follow-Ups to Stay Top-of-MindMost wholesalers lose deals because they don’t follow up consistently.

I have not received any feedback regarding that, but I like to imagine it does provide a new level of coziness upon their stay. 

Stay focused and close on the property, do not let an out of the blue crime destroy a future REI and cash flow. 

@Marc Shin ask every guest that stays with you for a 5 star review after their stay.

Mine was also out of state, in a town I’d never visited, and I relied heavily on videos from my agent.This sounds like a tough first deal, but it seems like you have some capital on the side, which will be useful as you face the upcoming challenges and learn from those expensive early mistakes.Regarding the subject of this post, “help me adjust my expectations,” I’d recommend assuming that; repairs will cost twice as much as you estimate, maintenance and vacancy rates will likely double from your initial projections, there’s a very real chance you may lose money on this deal.That said, there are ways to mitigate these risks by:- Keep asking questions here on BP and connecting with local experts- Stay proactive and communicative with your agent and property manager.And remember “Inspect what you expect.”Im not trying to discourage you but to help reset your expectations.

I hope someone in Sub2 community who financed purchases of the homes they sold could share in few bullet points how they accomplished it, while staying compliant with Dodd Frank and Safe Acts.