We always get that permission in writing, though, to cover our bases.All in all, I recommend nurturing these relationships as these are among the best clients to serve in the MTR space.

Create a relationship and show that I am eager, hard working and committed.

You can do your banking there and begin a relationship with a lender that finances your real estate investments.

Here are some pros and cons to consider:Pros:Building Relationships: Managing properties for others can help you build a robust local network.

If you have a relationship with the seller, if the property is fairly priced, if the seller is motivated, and you identify it as a deal, then you can send an LOI after the first call.

Consider transferring to an LLC after occupancy, keeping the due-on-sale clause in mind.This post does not create a CPA-Client relationship.

*This post does not create a CPA-client relationship.

Ensure you have an emergency fund for vacancies or repairs and verify market trends to confirm the investment supports your long-term financial plan.This post does not create a CPA-Client relationship.

Since benefits typically accrue over years, the payoff may be limited if you sell within two years.This post does not create a CPA-Client relationship.

Your best bet is to start a relationship with a local lender so you can get on the same page about what you need and when.