Work with your commercial lender/insurer/lawyer/personal banker and see if they know of any interested parties.4. 

Now, if they don't want to do that for whatever reason and don't have anybody to work with who would do that for you, I'd have to agree with you that they'd better invest at home rather than getting involved in something they don't understand.

How much upfront costs are typically involved in a project before you know if it's a viable project to pursue? 

What other kinds of loans or financing strategies are available that don't involve using too much of your own cash?

Now the tricky part is creating your underwriting standards and system.

The property manager should be involved before you buy any property to give input on due diligence, how to increase income and reduce expenses, and to make repairs or improvements to maximize occupancy.Excellent property management is critical to your success before, during, and when planning to sell or refinance.To your success!

Instead, build a solid bench of 3rd party vendors; HVAC, plumber, handyman, etc..When considering whether or not to make a hire, most of it depends on how many hours you can dedicate to that individual each week, at least when hiring a maintenance tech.

@Gail TraversWould you mind telling us who are not involved with Sunrise and their operations what statements of theirs run contrary to the sociological research of Dr.

But actively involved in from 2016-Present. 

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.