Sorry to hear about your troubles but not uncommon.You will find recommendations in the group.As you can imagine, we keep our trusted contractors close to our chest as we give them volume and need them working for us.All the best 🙏

There are plenty of veteran investor real estate agents in every market.

Closing costs will vary.

However, I have not built my team yet (real estate agent, lender, property manager), and I’m not sure about owning a property I cannot visit and monitor myself, given my inexperience as an investor.Economic Outlook: I’m a bit concerned about the economic outlook but can hold onto the property even with lower rent.My Questions:1- Should I sell the property now and look for better deals, considering the declining market trends and my decreasing cash flow?

Full Brick Detached Duplex in Optimist Park (4 Bd/2 Ba) 1610 sq feetPP: $565k                                                                                            DP: $28k                                                                                              Closing Costs: $0 ($15k seller credits)                                            *Used to cover CC & Buy Down RateRenovations & Furnishings (MTR/STR): $47kCash Invested: $75kARV: $675k-$700kJust a quick aside, I think right now is a great time for an investor, because there are a lot more people on the "side line".

Let’s use fictitious $100k property (we will ignore closing costs for this example) that goes up 10% total (this is less than 5% annual due to compounding) in 2 years.  

Mortgage rates do not perfectly move with the 10yr T, but its pretty dang close.  

I already have an agent but if anyone is able to help with the search it would be greatly appreciated.In regards to location, I would like to stay in Santa Monica, or somewhere close and the unit needs to have at least one bedroom.Thank you in advance,Skyler

I am not sure if this is a good idea given that I will have to close quickly.Option b) will involve submitting documentation to all lenders (I don't mind that), but I will be using the services of only one lender.

I had a question about a few of the documents my agent sent me to sign.1.