Biggest difference is going to be the tradeoffs (which has pros and cons) of lower rates and fees but much more hassle, paperwork, time suck and potential for deals not working with strict requirements (conventional) vs. hard money (higher rates and fees, but much quicker, much less documentation and time and hassle, and a much lower likelihood of deal dying - hard money lenders can be much more flexible)

This is the biggest reno project I have done to date.

My biggest piece of advice would be to really dial in on what your strengths are and what you can bring to the table when getting into the game...

The biggest things I took away were 60 day notice (2 full months) to modify rent or terminate and leases that offer the most LL protections are 6 months or 12 months because you can terminate without cause (if occupied less than 12 months) with 2 full months notice.   

We just have all the main vendors on speed dial… The biggest being AC repair, Plumber, septic, and occasionally and electrician and roofer.  95% of daily issues are handled with one phone call.  

That’s the biggest step.

But the biggest problem with comps is the time period.

The vacancy is my biggest worry personally, but both my mom and wife assure me that there is a significant need for it.

@Edward KozakI’m going to make zero comments on what percent I think you should be charging as that’s always negotiable between agents and their clients.Do your family the biggest favor that you can and get that property listed on the MLS.

The two biggest things you can do early on are 1) defeat your limiting beliefs and 2) get out and network.We all have limiting beliefs.