Whether you’re a mortgage broker, real estate broker, or running a private lending shop, what software and processes have been game-changers for you?

While I don’t typically work with real estate agents to find deals, I do collaborate with other professionals throughout the process.

Though, this process will be the same for the other state (if you created a CA LLC you may need to register it as a foreign LLC in the state in which you are doing business/holding property).

Since my current strategy is BRRRR, I'm looking for a location where I can implement it successfully within my budget.I’d prefer to target the best neighborhoods or subdivisions I can afford, ideally with favorable eviction laws and other key factors.That said, I started wondering if there might be a better strategy to achieve my goals.

Quote from @Jacob Hrip: I have read this one years ago and it is a great book by a very successful guy in the space!

I currently manage them both and am experienced with the whole process along with finding deals and analyzing them.

I have seen a lot more success from my friends getting cashflow in that area. 

The client gets to receive the home as a performing asset with built-in property management in place so the entire process can be smooth and enjoyable.

in a vast interview process with many steps before allowing someone to move in. a new roomie is an everyone-decision, not a landlord-only decision; if you're expecting people to co-exist in a space together (for longer than just a few months), you have to make sure they all have some things in common, or at minimum have the right expectations in terms of cleanliness and routine habits.someone working the night shift and someone else having a 5am rise-time, or someone who works from home in a call-center job is not going to jive well for example. and someone who doesnt handle conflict well is not going to jive with someone who is brutally honest and up front about issues. happy to go into more deets on how we do things if it will help. this can certainly be lucrative in terms of cash flow, but there are huge mud puddles i have stepped in over the years which i have had to learn to navigate.

@Tyler Condon I manage a few properties in the greater Phoenix, AZ area that are adult 55 plus and have great success with them.