I want to purchase lists from ListSource.com to look at some small multifamily in the US and invest internationally.

We had two different guest parties plus a third room that always had a long-term guest (normally a travel nurse or intern here for 1-3 months) so it was a busy year! 

Even if a recession hits, people have been couped up in their homes for two plus years and traveling internationally is expensive right now.

Streamline your analysis system - put together an initial spreadsheet that lets you quickly plug and play, I've furthered the speed of this by adding in some lightweight VBA, a "clear" button, that lets you plug and play to run analysis fast - finding your ways to speed up your own internal process is important. 3.

Ok, so I found a local bank that has an internal private fund for the area. 

To start your company with no money, provide shares of equity to each member, and find willing and capable interns.

Embrace these and internalize the learning.  

The 5-year term without an option to extend would make me nervous. 5 years is both too far into the future to know what external or internal factors might look like, and too soon to be able to react in the event of something negative. 

There may be a time when I want to consider full-time employment, our own internal property mgt for others property which we do not own, group purchase agreements with investors, a "volume discount" from his group for high volume PM, or just even try to understand what others are doing in order to ensure we stay competitive and continue to grow.

We now also have internal water damage.