In Austin, I know Horizon Bank has been open to more creative financing strategies too, so it’s worth checking with them.One thing to keep in mind is that the terms can vary wildly depending on the institution, so I always recommend reaching out to a financial advisor who’s well-versed in life insurance-backed loans before pulling the trigger.

Good to know, I will put these ideas at the forefront of my thoughts.We are going to take a look at it Monday, with my Uncle who is a GC, so I think I will get more accurate numbers after that and reassess things from a conservative point of view.Thank you for your responses.

It’s definitely helpful to know about the variability in unit lifespan and potential issues with repairs.

Also, ensure they know about the Stop Work order and have a plan for handling it.Negotiate with Your Lender: If you're stuck financially, reach out to your hard money lender ASAP.

I would appreciate having people share what they know of self-closing in Mississippi, either through their own experience or that of acquaintances. 

I’ve read enough to know that acquiring the LLC is a bad idea due to: unknown liabilities; tax liens and debts; loss of depreciation that has already been taken, and probably other reasons too.

Different times today, dont know of any banks who do 10% down anymore.

They often have people looking to sell and will also know the local market (assuming you are looking outside Grande Prairie). 

It is a good software but has a steep learning curve.I do not know anything about DoorLoop.As a PM company owner, the only two softwares that I would consider are Appfolio and RentVine. 

I am wealthy myself so I know how hard it is to earn the money and make the money.