Bankers love you because you're parking a big chunk of cash in escrow accounts, but dealing with tenant issues is more of a pain than I'm prepared to deal with right now, even with good tenants and bullet proof leases.Also, I  totally agree with @Natalie Vane!

I dislike trying to figure out how I'm going to prepare a meal with one dull knife, no cutting board, a mixing bowl and one tiny pan I can put into the oven.

Sit down with the branch manager, describe your plan in summary, and ask if they can put you in touch with their small business lending person.Be prepared to write a full business plan including 3-years of financial projections.

Caasi you want to be prepared immediately when you find the property to show it to your hard money lender(s).

If you are not prepared to do that then you have bigger problems than you think.You are managing your business all wrong.

I just want to be prepared.

After he is out prepare the unit for a new tenant.

Hey Allen, I'm a newer investor as well who is preparing to invest in the Fishtown/Port Richmond areas in Philly, but as an out of town investor (North VA).

Hi Michael, we're going now to our 3rd professional CPA due to moving 2 times and wanting someone local, and finally feel we've found a CPA who not only "Specializes in tax preparation" (I didn't know that some DON'T and focus more on bookkeeping/accounting.)

I am going to partner up with a good friend, that is a general contractor, after I graduate from FSU.  I am looking to flip as well as buy/hold investment properties.  My current savings adds up to around 5-6k but I a...