Tenants stopped paying electric and water.

Your expertise and advice would be invaluable as I begin this exciting venture. 

@Yamil NafRaising $160,000 for your short-term rental (STR) venture is a great goal, and there are several ways to structure the deal to minimize your upfront costs while attracting investors.

Although I will venture north if need be.

Do the joint venture deals rather than syndication to get started.

If the person stops making payments, they alas,  have to foreclose.

However, he isn’t much of a dreamer which can often hold me back from pursuing business ventures or ideas.

Then bought my own deal the following year 37.7k sq ft warehouse on 4 acres in Plano.Been buying industrial for last 6 years.I think your plan is right, I'm a big proponent of joint venturing on commercial deals.

The OKC market is truly exceptional, and Tennessee offers incredible opportunities as well, so you’re starting from a fantastic position.Wishing you the best of luck on this exciting new venture! 

When so many renters stopped paying rent during COVID, companies like SureVestor stopped taking new accounts because they were facing a significant number of claimes.I personally don't see it as a good solution.