If the person managing the synidation does not have a pre-2007/2008 track record, that is not one I would get involved in.

If you want to scale, it likely won't involve you running your own renovations as a GC.

Too many people involved to do a relatively simple transaction.

Ensure that the savings from the new loan outweigh the costs of the prepayment penalty and any closing costs involved in the refinance.6.

I won't ever close on another OOS property without walking it first but that involves paying for lots of flights and hotel/rental car costs if flying out there to make an offers but the $1500 to $3000 would be worth the cost to me to save on future headaches. 

The property manager will be involved for years, and they want it to be something easy to manage.

Because first and foremost it requires you getting INVOLVED, putting in some rep's, and if you won't get involved and won't put in the rep's you will never, I repeat you will NEVER succeed in investment real estate or any business venture EVER, full-stop. 

Short-term rentals (STRs) offer a way around these limitations by being considered active income if you meet certain material participation requirements, such as working more than 500 hours or 100 hours, surpassing anyone else involved.

The older I get the more deeply I feel connected to this idea of only being involved in Win-Win situations. 

Being deeply involved in the local real estate market, I stay connected with wholesalers, realtors, and local investors who often share opportunities.