Is joining an established team a good route?

I think it’s a wise strategy to try to establish your listing on Airbnb, Verbo / HomeAway, and maybe even TripAdvisor (which seems to have totally stumbled In their integration for flipkey and booking.com which is clunky but a potential future giant in the space).

My overall plan is to continue to utilize a 203K loan, as I do not have a substantial down payment yet, but still want to establish myself in the market.

If you're flexing your pre-established parameters it might not end well.

Is joining an established team a good route?

The purchase price would need to be closer to $240K or rental rates would have to increase $625 per unit (not likely).Get good comps to establish a reasonable Value and confirm the Rental Market rates.  

That's going to give a buyer a lot to confidence that they would need to replace it again for 20+ years.

Stephen  Karp is great, responds promptly to requests once established as a client!

I'm trying to dip my feet in the water with these investors and establish some trust while using the funds to renovate my next project.

Hi all, I am just starting to do my research to begin establishing a real estate investing company.