I have a 1031 exchange coming up soon that I can leverage into $900K+ for one or more properties.

Knowing the area provided a solid foundation for your investment decision, and using cold calling to find this deal allowed you to negotiate directly, potentially minimizing competition and costs.

Follow-up with a letter informing them of the same so they have it in writing.

A Heloc is a open end mortgage like a credit card so its an additional trade line on credit, cannto never be used as an Asset, PITI reserve, and its a DTI killer in most cases.A heloc is also usually set up on a shorter term versus a mortgage, carries a Higher interest rate, and most carry a interest only with a prepayment penalty.

That’s costed 3k.

If you end up paying a preferred rate that is too high, your preferred equity investors will be very happy but your common equity investors could not only lose out on returns but even lose principal because most preferred equity deals have the preferred equity investors receiving all their return on capital and all their return of capital before the common equity investors get anything.I have done deals where all the investors were structured as preferred equity with a specific stated return and no upside beyond that return. 

For example, if you use Hospitable, you'll need another solution for background checks, lease signing, and monthly rent collection.

5 star reviews are the best, changing up photos etc all can boost your visibility.Update the amenities with new stuff.

First attempt at a brrrr.Purchase price: 206kARV: 295will appraise for up to 330k after renosBack end of a 1031, inheriting tenants paying great rent ($1,900).

However, breaking it up with short check-ins like, "Does that sound good to you?"