Over time I internalized Dave’s words and made them my own; taking on nearly all the fund investor calls, building and managing the Investor Relations team and overseeing the process of raising over $80MM together.

Is there anything specific I should focus on during the due diligence process, particularly regarding title and document inspection, compared to a traditional sale?

It is just a reality how many PMs have no idea how to process claims and have close to 0 systems to protect assets for business owners. 

I would just add that probate isn't really a painful process in most situations.

Since I am super new to this, I do have a few questions:By testing the list, do you mean what data am I pulling (absentee owner, tired landlord, etc)Testing my mailer, do you mean trying different messaging?

I know this is above and beyond what most municipalities require, but being fair will make the whole process easier.Additionally, a new landlord can reduce the 60-90-day notice by offering more moving assistance (cash and/or labor) if they move sooner rather than later.

Here is a comprehensive guide to help out-of-town parents navigate the process effectively.1.

Don't be afraid of the process!

For a newbie investor, if you’re comfortable with the process and ready to manage the administrative side, Section 8 can be a solid option.

Private Money or Hard Money LoanHow it works: Short-term loans from private or hard money lenders to purchase the lot and finance the construction.Benefits: Easier approval and faster processing, focusing on the property value rather than your income.Downside: Higher interest rates and shorter loan terms (typically 6-18 months).