Could also just reach out to a local real estate agent to assist you with all of this and get some opinions. 

Hi All, Looking for a little advice here in terms of next steps and strategy.

Jeff personally has joined strategic calls with my accounting team as we were planning both for implementing tax strategies and for strategizing for future growth, which was about 3 months ago, bringing us to the stage we're at today as we prepare to take on this new project.

The reason I ask this is that one of my goals was to reach out to a hard money lender and find out more about it (I don't know if I can mention the gentleman's name or business name and don't want to violate forum rules so I will just call him HM).

These are some of the ways the clients could be affected by property managers who are not prepared: Extended VacanciesInadequate marketing strategies and tenant screening processes can result in prolonged vacancy periods, translating into substantial lost rental income.High tenant turnover due to poor resident relations further exacerbates vacancy losses.Inadequate Maintenance and RepairsNeglecting preventive maintenance and delaying necessary repairs can lead to accelerated property deterioration and higher long-term repair costs.This can also negatively impact tenant satisfaction, contributing to higher turnover rates.Legal and Compliance IssuesLack of knowledge or disregard for landlord-tenant laws and regulations can expose investors to costly legal disputes and penalties.Failure to properly handle security deposits, evictions, or fair housing practices can result in significant financial liabilities.Ineffective Financial ManagementInaccurate budgeting, expense tracking, and financial reporting can lead to uninformed decision-making and missed opportunities for cost savings.Failure to optimize tax strategies and leverage available deductions can further reduce net returns.Diminished Property ValueInadequate maintenance, high vacancy rates, and poor tenant screening can negatively impact a property’s perceived value and appreciation potential.This can significantly affect the long-term return on investment when it comes time to sell the asset.While a 10% management fee may seem reasonable for a well-performing property manager, the cumulative impact of mismanagement can quickly escalate the effective cost to investors, potentially outweighing any perceived savings on the management fee itself.

There are also strategies that can be put in place to mitigate unforeseen capital expenditure (capex) expenses.

If you have any further questions or if there's anything else we can assist you with, please feel free to reach out to us.Thank you! 

I am just reaching out to see if anybody has any experience investing near or around the Santa Fe area and if you do, how is it?

Issue now is more that deals dont cashflow with high leverage but if living in it or banking on appreciation can be a winning strategy forsure! 

I've reached general partner status and am growing my syndication business every day.