John Majalca select an undervalued property in San Antonio where he operates which I purchased.

You should screen multiple property management companies before selecting one to make sure that they're the right fit for your property based on their past experience with properties of similar size, age, tenant class, and area.2. 

Please be sure to select a Solo 401k plan provider which allows you to take a loan and will prepare the required 401k loan documents.The repayment terms are equal monthly/quarterly payments (as you prefer) of principal and interest (e.g. prime + 1%) spread over a 5 year term (or longer if you will use the loan to purchase your primary residence).

The development process starts with site selection appropriate for the number of units you would like to build, then you hire a civil engineer to do surveys, site planning, soils and environmental in order to begin the entitlement process, then you get an architect to design the product, then you get bids from multiple contractors.

No S election. 

There is no way I would ever do that for the following reason:-I always want the buyer to select and pay for their own inspector. 

From that point it can be pretty easy to select a strategy that you are comfortable moving forward with.

Not just browse the MLS and select at random.

So I am a new and young real estate developer however I am student at heart and I enjoy here from you guys, y’all have a lot more experience then I do so my questions is this what is all the approvals and permits needed to develop something new from site selection to actual construction?

but really I can find you a tenant in 24 hours too..... the concern is not only speed but the quality of the tenant they place.... so I would expect a company that makes that promise or offers a speed guarantee to have another guarantee that focuses on the quality of tenants they place such as a placement guarantee or eviction protection, etc.In our opinion when hiring a PM you should be looking for 3 things, 1) the speed at which they can find you a tenant (turnover, marketing, etc), 2) the quality of tenant selection (criteria, screening, etc.) and 3) control and oversight of your investments (inspections, leases, vendors, tenant relations, etc.) ---- and these should be STANDARD in some form or another within your PM program, of course they can charge for additional items above the standard that is fine but a reasonable package that includes all of the above should be included within your program.