You will then decide either to focus on (1) area that has the most of the properties that fit your buy box or (2) the area that you know (or willing to know) the best.All the while, genuinely connect with people.  

That's an inspiring journey, especially starting with just four loans and growing to managing over 700 assets.

Very inspiring. 

You can pick someone, they can pay before they move in and if they're great people who pay on time, genuinely take care of the place, never cause or have issues, and pay on time consistently, then property management is easy.

I thought those programs provided pretty good value and that Scott seemed genuinely concerned with helping people get started in the Non Performing Note (NPN) space.

Hey mate,Thick skin is needed on this forum and in business in general 🤷‍♂️I just posted something similar on another thread and the best advice I can give is spending enough time finding the right people on the ground before looking at the prospect of a market or a deal.Especially when doing BRRR out of state which is a very tough gig IMO.You can find the best market, with the best growth potential, find the best deal with the best cashflow but if your realtor isn't genuine, your property manager is incompetent and your contractor is a cheat.You will loose money.Also, underestimate your income and overestimate your expenses on every deal and business opportunity.If you think it won't happen to you, I can tell you right now that it unfortunately will...I've completed hundreds of flips and rarely come in at budget from a rehab standpoint.So keep that in mind.Appraisers are a joke and easily manipulated.They follow weird data and many want to cap you intentionally (No idea why...) on the ARV.They play it safe and can see how much you paid and what you spent on rehab so they will cap the value and come in under fair value on many appraisals.I stopped dealing with selling to investors looking to finance many moons ago as it wasn't efficient from a business perspective and I'm not in the business of using "in-house" lenders and manipulating appraisals like many others do. 

If they say 'no', that is immediate red flag and I will ignore that.Do legitimate and genuine private lenders go through 'Escrow' process ?

,You are an example and an inspiration that shows hard work, creativity and grit can make you successfull!   

Of course, it also eliminates some potentially profitable deals from the equation.My inspiration for my version of the “quick” negotiation was Harold Helmsley.  

Purchase price: $40,000 Cash invested: $15,000 Contributors: Maria Talasz Buy, Renovate, Rent by the Room, Refinance (coming soon)...This BRRRR deal was inspired by the 2023 Bigger Pockets Real Estate conference in Miami after seeing David Greene repeat so many great points about house hacking.