Price point, area/location, individual investors abilities or finances, individual investor's risk tolerance or business plan, level of rehab, etc.As an example, the 70% rule (more appropriately should be named "70% guideline), is a simple back of the napkin analysis and is NOT ever to be used to make your final purchase decision.

We return deposits to the individual(s) that paid the deposit unless there is a change in tenancy, in which case we would pay the original tenant the deposit.

We are both very process/system oriented individuals, but as of now, I lack the knowledge to know what kinds of systems I need to build for finding deals.

Bookkeeping is specific to the individual business and business owner’s needs.

My HO-6 adjuster agreed that the work would exceed my individual policy, and that the master policy needed to be looped in.

They might sell a portfolio of non-performing notes.An individual MAY be more inclined to sell at a discount.

.- Best practices that you found enabled your loan process to run smoother and efficiently.I would also invite those to comment who had applied for the loan, and perhaps used a commercial loan in the end to close the deal.Thanks!

Not knowing those areas well is a problem, asking around or checking individual county's website is often slow too.I found that out by checking local county's tax calculator + found properties in the same area that's sold for similar pricing back in 2019 and how much they are taxed in 2020.I had the opposite for Las Vegas, where the numbers were higher than the truth.When you google, "property taxes in xyz" they only mention what an average property tax is in a given area, often that percentage has nothing to do with booming markets and does not indicate anything near what you'd be paying.Anyway, just curious if there's any service where I can just put the zip code and get the real property tax amount/percentage that I would be paying if I purchase a house in that area?

What matters is selecting properties that best enable you to meet your goals.

I am also looking to learn about investments, BRRR, flips, etc. so would be great to connect with like minded individuals!