GC is super simple  .the great thing about developers is no test no school just need good enough credit to get a bond and insurance.( which of course keeps many out of the game )))

By then, if you’ve done it right your cash flow and equity should be good enough to make the jump to Montana.Option 2:  owner occupy a single family or condo (all of these options , including multi family) can usually be done with a low down payment FHA loan which also allows gift funds if you need and can get help From a family member) — depending on where you are in the Seattle area, your appreciation might be strong enough in a couple of years to borrow against (or sell) and begin stretching out a bit.Then it’s all about finding an excellent property manager in MT, and if you can’t find one where you want, look somewhere else!  

Those folks run a sophisticated operation, and if we don't keep up with their level of sophistication (and exceed their customer service) we would lose business to other investment classes that treat their investors better.Perhaps it could be said that the competitor to TK firms is buying homes directly, and that competition lacks sophistication--thus the hurdle is just above that level and anything above that is good enough. 

Whereas, liability only policies will have just as many choices as anywhere else.With all that said, I've found NREIG to be a good enough value that I don't need to do that. 

While this pertains to HUD insured and assisted multi family housing I tend to believe this to be good enough for all other property types.  

In my view, homeowner's insurance + umbrella + professional property manager should be good enough to (i) prevent lawsuits and (ii) protect you sufficiently if the worst happens. 

If the deal is good enough, it will support an under market rent.

Apparently when somebody actually even gives you the title of a law book with case law that is not even good enough for you.

Most will come and give you a free quote if you know what you want to get done.Good luck to you, but I would pump the brakes on the large work and just fix it up good enough to get a good ARV, RENT the other unit and pull out your equity.

The owner was good enough to advance money and allow us to renovate the house to move-in ready condition.