Choose the right partners.

If you choose to go another route we request all records, minutes etc”

Your life~the way it looks today is a result of your choices...What will you choose today for your tomorrows?""

The real reason why I had choose Vegas is because it’s close and I can hop on an hour long flight to see if property managers are doing as they should and so forth.

But sometimes you may have to choose between closing costs and purchase price...but it never hurts to ask Good luck!

You'll get more applications and have a greater pool of applications to choose from.Best of luck to you moving forward!

I've learned that it's great to really pick and choose your customers and honestly alot of small landlords aren't the best customers.

And if you put a conventional loan on the project and don't refi out that 401K loan, then you need very strong cashflow on the property to get it paid back quickly (hence why I like the BRRRR strategy better).If it were me, I would be saving like mad for the next 60+ days, studying my markets, building my teams (especially lending), getting solid deal flow going in that area so I could choose my projects.

2) Any other tips you guys have on choosing good managing partners are welcome, thanks

You made a choose to hold out til the very end of the 3 years, it wasn't really a time sensitive situation until you allowed it to be unfortunately.