Managing investor expectations. The goal here is to align with investors and educate them about the benefits of long-term strategies. By setting appropriate expectations, we can ensure a smooth and successful investme...

If the proforma has the rent roll at $1400 a month, there is a discrepancy that could lead you into a bad assumption on your business plan.Also one caveat, be aware of physical delineations around the area like bridges or railroad tracks or a canal. 

Let’s keep the deals rolling and the trust growing!

I have always had an interest in flipping houses because I get really excited to see run-down houses, walk through them, and come up with a design plan.

I have been investing mainly in trust deeds but like you got connected with Dave and just recently ended up investing in his fund, my primary reason was for diversification and because it is passive. 

That said, it's nearly impossible to find a decent option under $300k in those locations.If you have an apetite for rolling the dice and saying "I'm so glad I bought this ten years ago!"

Rent roll was ~$8K last month.

I’ve read the Bigger Pockets book on long-distance real estate and am eager to get the ball rolling. 

Personal Financial Statement Borrower’s Schedule of Real Estate – or- Resume illustrating experience2-3yrs Personal & Property Tax Returns – All schedulesPrevious Year and YTD Property Profit & Loss statement w/ detailed expensesRent Roll w/ detailed lease informationCopies of all Leases3mo.

The more rentals you have the more risk there is to having a bad situation crop up.