I’d alsowant the builder to post a performance surety bond.The 30% could varydepending on how many stories the developer wants to go up, or oneven finding a trustworthy developer who’s interested in a smallerproject in a medium-priced neighborhood.

Thanks in advance.Hi @William Klawitter I’m resurrecting this post from 9 years ago 😅.

Feel" the true beat of the portfolio's income and expenses performance before using leverage to speed up the growth of your portfolio.Using cash only will protect your bottom line in scenario's like yours when the properties don't perform as expected as you won't be on the hook to cover the mortgage expenses.Just my bias opinion so take it with a grain of salt.I've also witnessed many finger pointing instances when others get involved.Like a new property manager, realtor, contractor, etc...I've had my share of bad experiences with realtors that threw my company under the bus and got in the investors ear to flog it at any price just so they can make a quick commission.It get's very messy, painful and pretty much turns into a disaster with the investor not knowing who to trust or what to do anymore.Similar to what you post about has happened to me and my company many times and if allowed the opportunity, we do our best to fix and come good.Some loose trust and faith and I 100% understand, but as soon as someone leaves the wing of my company there is not much that we can do because as I mentioned above, everyone else get's involved, has an opinion and the situation get's very messy.Having in-house property management is vital when such a "crisis" arises.I tried out-sourced PM when we first started and it was a disaster.We had no choice other than to bring it in-house.Hated my life for the first 5 years with in-house PM and fast forward 10 years, it has become our "golden goose" and a very well streamlined and beautiful business.From what I've seen and read on the forum and elsewhere it seems like RTR has a good reputation and what you have mentioned seems like a "worst case scenario".I hope RTR will assist you the best they can and all I can say is learn from the experience and don't give up.Do your best to weather the storm and focus on minutia.Don't have regrets and don't spend too much time dwelling on the past.Glimpse into the past to get guidance from what you could have done better and think ahead.Move forward smarter, more experienced and better.Wishing you well and much success with your future endeavors.

I've asked my errand runner to post the notice to vacate already on her front door unit.

Been listening to Real Estate Rookie and BP channel for a little bit now and this is my first time posting in the forum.I’m currently living in WA State and own a home that is under a VA Loan.

Recommend you pick a piece of land in your area and do a line item analysis and post on here. 

Many of the real estate investment advisors who lost substantial amounts of their client's capital during the financial crisis were also the advisors ho posted substantial co-investment capital at the fund's inception."

Originally posted by @Christian DiCroce:Was wondering if anyone is active or has properties in the Columbus, Dayton, or Trotwood areas and could provide me with some un-bias feedback.

Fair rent in the area for a 3bd/2bath is about $1050 per month.Does someone want to give me one on one advice or just post your ideas and guidance here.

I second that post above!