This is my first rental and everything is taking much longer than anticipated.

I aim to buy my first investment property this year and am considering residential opportunities both in DFW and OOS. 

Quote from @Brian Burke: @Chris Seveney when I started my lending company with two partners our aim was to go from $0 to $2.5M per month. 

U can check out  ivyridgeestatescanby dot com for my 90 home project in Oregon that I did with my oregon bank and then my website for pictures of homes we built in Charleston SC which is the only market I tagged HML ( lima one) and only one time the rest were done with Ameris bank or Service first bank that is local in the market. its all about the three C's  Character Collateral and capacity..

Purchase price: $294,500 Cash invested: $144,000 This was my first commercial MF and off market deal.

Hi Mark, I am a founder of a startup helping RV park developers source land.

You can click on my website link in my signature to set that up at a time that works for you. 

Any tips are welcome!

Any guidance or tips would be greatly appreciated!

My underwriting would have this large negative cash flow for 7 years.I would do a thorough underwriting but want to show using quick math the issue so I will use the 50% rule.