Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

Simple, get the book: "Lend To Live".It's "the Bible" of the lending business and it's featured here on BPhttps://store.biggerpockets.com/products/lend-to-liveMike

And when you go to sell, you could use the rental income as a big selling feature to potential buyers.

When financing a large-scale fix-and-flip project, assessing and managing risk is crucial for success.Risk Management StrategiesContingency Budgeting:Set aside a contingency fund (typically 10-20% of renovation costs) for unexpected expenses.Time Management:Develop a detailed project timeline to keep renovations on track and avoid extended holding costs.Partnerships:Collaborate with experienced contractors and real estate agents to mitigate risks associated with repairs and market positioning.Insurance:Obtain comprehensive insurance coverage, including builder’s risk insurance and general liability insurance, to protect against unforeseen events.Exit Strategy:Always have an exit strategy.

Having the right PM is crucial.

It’s best to consult a tax professional to confirm the specifics of these deductions.Also, paying fair market value for the home is crucial for documentation and avoiding any potential disputes with siblings.

I like the feature to search for categories and displays for the budgets.

Networking with others who share your goals will be crucial, but having that firsthand experience will make scaling much easier.

So now that you understand what type of owner you are looking for you can go to realist and use the Non-Owner Occupied search feature, and find unlimited leads for marketing.  

We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.Something else to keep in mind is your entity structure and how your entities file tax returns.