@Rachel Chioreanu unless your project is an apartment building or Class A SFR, a GC is usually a waste of money.What you probably really need is a Project Manager from a GREAT property management company.What's the scope of your project?

Most people that I know just sit on it for decades, while paying property taxes.

So when the for-crap property manager ran the false name, no information on this prospective tenant came up.

I was wrestling with a similar question when I bought my first rental property.

@Long BuiWhat state is the property in?

I'm trying to do some renovations on a property to get it ready for an STR.   

Is/are the loan(s) on the properties a high int rate?

I would greatly appreciate your input on this matter.Here is my setupPurchased property under a TrustLLC in FL owns the TrustHolding company LLC in WY owns LLC in FLI purchased the property sub-to, took over the seller's mortgage and I’m working on setting up insurance for the property.I understand I need to keep the seller as additionally insured in my insurance, but the seller no longer has "interest" (ownership) either in the Trust, nor any of the LLCs nor in the Deed nor Settlement Statement.

Ultimately, your ability to get a multifamily loan is going to hinge on the property's ability to support its own loan.

I currently live in Barcelona but am interested in investing in the West Texas and DFW areas, particularly in student housing, single family, and/or multi-family properties.