EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

I'm not sure how to articulate it but, basically this bit of knowledge saves me a bunch of time and kind of surprised it hasn't come up in any of the books, articles, or videos I've been learning from.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

You don't want costly surprises!

That way the investor should have few repairs or surprises in the first 5-10 years because you are owning the property for the best years of the building's life.  

so that it won’t surprise you a last minute overestimate of ARV?

Many investors are feeling the squeeze from traditional lenders, so it's no surprise that more are turning to private money lenders to access capital faster.

Wouldnt surprise me if some of the large multinational banks have programs for this kind of scenario.

Look for a manager who’s upfront about all potential costs, so there are no surprises down the road.Communication is Everything:A reliable property manager should communicate well—not just with you, but with tenants too.

Be prepared for things like carrying costs, permits, and any surprise repairs that come up.