@Axel Meierhoefer Sure thing, I'm in early stages right now.

You’re setting the stage for a healthy relationship and perhaps, things will go in your favor!

I am in the process of purchasing a short term rental through my self directed IRA and I am laying out my Decorating and Staging Plan.

So it is critical on those type of projects to see where it is in the process and WHO is backing it to completion and the different tranches of debt and stages for funding.I used to do commercial assemblage for developers when I first started out over a decade ago and there are many steps and pitfalls to it.

Some sellers believe that FHA loans are more likely to fall through during the underwriting stage, since the program attracts borrowers with lower credit scores and other issues.

Here's a sample of a letter I use when taking over a new property:Dear Michele:We are excited to announce that our company is in the final stages of purchasing the building within which you reside, and I’ll begin managing the property on August 12, 2019.

The experience is great and I believe it will help me once I start investing in my own properties, especially during the rehab stages of the project.Happy to be here, and ready to learn from this great source of knowledge I recently found.

There are also very local factors that affect each market, meaning the local economy, job growth, demographics, local lending, insurance costs, property taxes etc. and these have an equal or greater affect on prices, inventory, rental rates, etc. in each respective market.For more info on the market cycle and what stage some of the major cities are in check out this article below:https://joefairless.com/what-stage-in-the-market-cycle-is-your-target-apartment-investment-market/

I learned from them and grew past the frustrated, burnt-out LL stage to the nicely profitable and relatively low-impact stage. 

I have a 32 rental units and plan on moving into apartments I am at the stage where I am going to try and get off/reduce hard money and bank and create a pool of private investors.