Im currently in the process of building the team and I'm getting ready to make several trips to the area.

Many investors do this and don’t see issues, but it’s best to proceed carefully and know there’s some risk.You don’t necessarily have to inform the lender, but it's wise to consult a real estate attorney or CPA to guide the process and minimize risk.

I made a tracker based on the IRS audit guide.

But for daily driver and any trips along any interstate I really like mine..

Everyone's obsessed with "off market deals" but a realtor who knows their stuff will be your true guide in the market.Secondly, I recommend asking those folks for good lenders, and also finding and connecting with other investors in the market (who have nothing to sell you). 

Read books, listen to podcasts, and consult with experienced investors who can guide you through the process.Analyze the MarketLook for areas where multifamily properties are available at reasonable prices and where rental demand is high.

Clients who work with me on STRs are given all analysis tools for free (including expensive AirDNA), and I will personally analyze all deals, and guide you through a confusing regulatory environment, as well as help you to find lesser-known honeypot spots around the state.

I recommend talking to a local mentor to guide you through this process.

BP-Published DSCR Guide!

Thanks for sharing such a thorough guide!