Tough for anyone to beat that in residential RE (<5 units).  

I don't necessarily need the standard features of pm software, such as rent collection, bookkeeping and maintenance requests, though that could help; but do need a clearinghouse of important information, such as leases, legal docs and other information; maintenance vendors I use; maintenance history; and some kind of tracking system, where I can record the various current projects I'm working on within the business.

@Roy Kinzer Rent control in NJ can be a tough pill to swallow and unfortunately has caused many of my deals to fall apart quickly once buyers/future landlords realize how strict the controls can be.

This is a hard money product,you typically just need a 10-20% down payment, funding will be 80-90% of Purchase Price + 100% of rehab cost.AS LONG AS THE TOTAL LOAN AMOUNT IS LESS THAN 70% OF THE ARVOnce the project is complete you can then refinance into a DSCR loan.

Unless you have a very large sphere to start it will be really tough to get going on your own.

Hi @Jefferey Eutsay,This deal has potential, but there are a few critical blind spots and questions to address before making an informed decision:Cash Flow: What’s the current and projected NOI (Net Operating Income)?

Didn't work out because I still have a project hanging in Upper Chichester (Philadelphia, PA).

Hey Mike, I’m a broker and investor here in Sacramento, and I manage over 100 properties on Airbnb for investors.The Sacramento market is very stable, we do a lot of midterm business, but we like to mix it with short term in order to maximize cash flow and limit gaps between bookings, or “orphan days.“ When can we see the project?

The contractor also committed to informing me and getting my approval for any cost changes during the project.

Can’t wait to see more of this project completed.