Granted, I’m new to AirBNB but have done a ton of research into short-term rental and can offer some tips on dynamic pricing, calendar and property management, if you’d like :)What I’ve done is watch TONS of BP podcasts multiple times, signed up for a membership so I can use their calculator software, bought some books and done some networking...

The Milwaukee region has done what many urban areas have done, which is develop the suburbs while the urban core erodes.

Look at the contractor's own contracts, if he or she does not have their own contracts then they are not truly serious about their business and is a red flag to me.If you do want to take the risk of using a cheap general contractor or using cheap subcontractors then I would develop your own master agreement for your contractors and have them sign it in order to let them know what the standard is.

I'm really excited to see what's going to happen in terms of development and real estate.

This again allows you to maintain control and have transparency with where your money is going.To wrap everything up I will give an example of what Gear'd Development does.1. walk through with client and review of the scope of work.

I was trying to start out by hiring a contractor to rehab my current residence and maybe develop a relationship for future deals. 

Hello BP,I have stumbled across a prime piece of commercial land that would be profitable to develop as multifamily apartments or retail space.

Then cold call the area for distressed sellers with a dialer+ data software like MojoSells or TheRedX.

You would do better by developing a ongoing relationship with a mortgage broker rather than a specific lender.

We had to develop a filtering mechanism, otherwise I would keep chasing my tail underwriting every single deal that came to market.