For example we invest in mortgage notes so we have an AI agent that only scans the documents we have and lists and if we asked a question like "who are our top rates attorneys in texas", it will give me the results vs. having to search files.

Banks do not sell notes to just anyone off the street."

On a side note: As a new investor myself I am looking to grow my relationships, especially with contracotrs, and would love to hear about your work.

Our newspaper noted they had invested over $1b in the area, but I think that covered 2 mega sites.

Note I strive to minimize cash flow because it gets taxed versus other RE return are easy to defer or avoid the taxes.  

@Levi Perl As other have noted, most decide not to move this time of year unless they absolutely have to and that tenant pool is small.

The contractor will give you better pricing the more you use them, some GCs increase their price, but those are the ones you would like to not use (side note, of course with inflation you need to pay your people right, but it needs to be reasonable).

The bank then understands that their borrower no longer owns the property and calls the note due.

Need to be sure you include the "unknown budget" and never take the optimistic approach as it is better to have money left at the end than writing more and more checks that were unplanned for.Again, if you can walk through an actual property and compare notes with someone that does it in your area (key factor), you will be way ahead of what a generic book can give you.

So as for Russell who noted his success in the WA DC market ( expensive) I wonder if @Steve K. gets the same for his market in Boulder Co. ( expensive).