If you want specific advice, things that would be important would be some background on the sponsor (years in business, portfolio size, you don't have to name names), where the property is (city), what it was bought for and when, how much was the loan and when does the loan mature, how much equity was raised, was there any preferred equity or multiple share classes, what is the occupancy, is the sponsor responsive to your communications and providing reports, and so on.

You'll need a realtor for the lease up, you'll need a background check service, I would place a Blue I Box so only realtor can access with a rental prequalified tenant. 

Ask about their background.

*Background: We want to purchase my husband's grandparents' house in MO that sits on family land.

With this passion for real estate and my background, I'm here to help others navigate the loan process and secure the best financing options for their investments.

It has state approved leases, background checks, credit reporting, payment processing, maintenance requests, and much more.Shoot me a DM if you have any other questions or need some more insight into house -hacking.

We have investors with all sorts of backgrounds at our meetup, and all love to talk about their strategies.

Your background equips you to handle the admin work, but as you expand, consider outsourcing to focus on strategic growth.

If you have a strong credit background and reserves, you should be able to get an exception 

Although all of the Los Angeles metropolitan area's twenty-one office submarkets contributed to the metro's recent rent growth, it is worth noting that the 0.8% asking rent growth rate of the past 12 months compares unfavorably to the metro's long term performance.Competitive Inventory, Employment, AbsorptionTotal employment in the Los Angeles metropolitan area increased by 14,200 jobs during the first quarter, representing a growth rate of 0.3%, while in the dominant office-using industries, employment grew by 4,600.