One mistake or big unexpected expense could ruin you if you only have one or two rentals that are not cash flowing.That said, especially in the current environment, if you are coming from a very strong financial position then there may be times where it may fit your goals to invest in a highly appreciating area with no or negative cash flow.

hope this helps. turnkey might be a good fit for you. but real estate is a long game.

@Ella VolneyTypically, you can only find a lender in the country where the property is located and, if you're not a resident there, it will be more difficult if not impossible, depending on the country.When it comes to investors, they need to be open to the idea and then you need to have opportunities that fit within their right risk/return profile.

This will fit your budget.

If market rents are $2400 it fits most lender requirements for cash flow.

We did have confusion regarding where the physical, blank checks would be sent to, but it all worked out.

Digitize physical receipts for easy storage and use a consistent naming convention for easy sorting - 2024.03.25 Home Depot.Maintain proper records, such as contracts, settlement statements, and promissory notes.Additionally, you can track income and expenses consistently using software or spreadsheets.As you scale, if bookkeeping isn't fun, consider hiring a bookkeeper for a couple hundred bucks per month.

They book initial call to see if you are a good fit, well I will say everyone is great fit who wants to pay them money.

Hi Sushil,My firm does portfolio loans, and if you fit the criteria, we may be able to assist.

Yes, most large traditional lenders only focus on 1-4 units and other properties that fit into a box.