Last year, my husband and I purchased an investment property in Salt Lake City that we turned into a short-term rental.

You will start to get the hang of it and put processes into place to stop or change the situation up, or just not buy the property because you know what they may run into. 

-Anyone have insight into how the Edgewater area treats this issue?

This may give you some insight into the Twin Cities.

We came into land from doing mobiles, rehabs and now do a few modular projects each year. 

You will need to get an attorney to draft proper documents which will include information about what it is you are doing.raising money today is challenging as people are losing money in other deals and hesitant to go into new deals, especially for newer sponsors or sponsors without a lot of skin in the gameit can still be done but you need to have rockstar sales people.

If you just hire the cheapest or first PMC you speak with and it turns into a bad experience, please don’t assume ALL PMC’s are bad and start trashing PMC’s in general.

If you’re in the fix-and-flip game, you know that securing the right funding can make or break your project.

Would it be better to purchase this for the appreciation to be able to refinance in two years to pull the equity and move into the next property and have this for tenants to pay off? 

I’ve always wanted to get into the world of real estate, however i’ve never dipped one toe into buying and renting out homes.