There are no two ways about it: rigorous due diligence is required. It serves as the foundation for all successful deals.The first stage in analyzing a possible investment is to perform rigorous financial due diligenc...

.- Learn for future projects: This experience underscores the importance of thorough inspections, even on recently installed systems.- Check statute of limitations: Depending on your state, there might be a time limit on claims related to construction defects.As a hard money lender specializing in fix and flip deals, I've seen similar situations arise.

Just make sure to do a thorough market analysis to ensure demand.Lastly, definitely sit down with a savvy RE CPA who understands the ins and outs of real estate investing.

Even if you found a PM that would place the tenant for $400, I would question how thorough the vetting would be.  

While private lending can be lucrative, it carries risks such as borrower default and property devaluation, so thorough due diligence and legal protections are crucial.

Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.

Thorough screening and understanding of your tenants.  

Remember to thoroughly research any potential deals and always conduct due diligence before making investment decisions.

Additionally, it's crucial to conduct thorough due diligence, accurately estimate renovation costs, and account for unexpected expenses.Ultimately, the goal is to ensure that the potential profit justifies the investment, effort, and risks associated with the flip.

I've created a very thorough pitch deck explaining the project with pretty decent returns for LPs (20+% cash on cash returns) but seem to have exhausted the normal circles I run in and apparently I can't really expand them without running afoul of the SEC...?