I am a newbie and currently just reading to get as much information as possible before I jump in. I

They approved it and paid him in (I think) less than two weeks. 

@James Marshall talked to a guy today who is using HML and portfolio lenders to BRRRR which helps with liquidity as less capital is tied up and accelerates the BRRRR since portfolio lenders will refinance once the rehab is finished and a tenant is moved in (ie no waiting until the 6 month mark).

@Alicia Blake I would find brokers that work in the space you want to invest in. Is

@Brent Watanabe- Thanks for chiming in. I

What I do is, if it's going to be a while before the new tenant can move in, is have them sign a rental holding agreement and pay a non-refundable holding fee that later converts to their security deposit only after they sign the lease, pay the first month rent, and start all utilities in their name. 

I like the equity this property has and new tenants already moving in. I

Should I just collect the option fee and not charge rent until they officially move in? I

What I am stuck on is after my LLC is formed, which niche to go in? I

@Desteni Barnes reach out to experiences investors or agents in the area you are looking in. I