Lack of communication.

Being an out-of-state investor, you need to make sure you're working with a team that can properly communicate and protect your asset both physically and financially throughout the rehab process.Best of luck to you!

If you find a property that works for you, your agent needs to be communicating with the listing agent to find out the sellers needs. 

They spun up the bank account, deposited the funds and communicated directly with both closing tables and wired funds both ways.   

Also, the owner is foreign with broken English and difficult to communicate with and thinks i'm going to run his tenants / friends off.

I currently have a tenant that moved in last Feb and from the beginning decided that they weren't going to pay rent and has avoided communicating with us.

Have you found any specific information or communication tactics to be particularly useful when raising private money?

Either way, it is really frustrating that this was not communicated in the beginning - we are so far into this deal now.

Yeah I’m now in communication with the embassy and hopefully on my way to having a valid POA.

@Jim Adrian @Brandon RushAs long as the tenant is communicating, you are on the right path.