In most instances when one person is putting up all capital, best to enter into a 3rd party GC relationships rather than become partners.

Establishing those city relationships can save a lot of time!

Fortunately - we have a good relationship with our servicers and can get frictional matters that arise rectified/resolved relatively quickly, but the frequency of said matters could certainly be reduced.

Do you have 2-4 contractors that you've built relationships with who build similar homes to what you're looking to do?

From there you can cultivate the relationship by email / calling them to stay top of mind for future leads. 

Building relationships with wholesalers and attending local Milwaukee REIA and Rental Property Association of Wisconsin meetups could surface off-market opportunities.

That's a relationship you should hold close as they could really help with future challenging acquisitions that are viewed less favorably by banks.

I’ve built relationships with top-notch realtors all over, and once you’re not tangled up in confusing insurance structures, it’s a whole lot easier to jump on the next right opportunity.

This post does not create a CPA-Client relationship.

Given the nature of small towns, we have personal relationships with multiple members of the board which we believe positions us well for success but of course there is still uncertainty.