They get extra capital and you get a little experience. 

What Multifamily GP operators as coach / mentor would you recommend to partner with for hands-on deal experience in the Texas triangle? 

The first people that lose their money in a downturn are those that are lending at insanely high LTVs without adequate underwriting experience including determining if the borrower's qualifications based on credit/character, capacity, and collateral.  

In my experience they don't want to be in "rougher" neighborhoods anymore than a quality market rate tenant does.

Begin with a smaller project to gain experience, and ensure you assemble a reliable team of contractors, appraisers, and inspectors.

No one is perfect, and we certainly have had times where we were not proud of the experience we provided to our guests.

I got a business parter with capital and some experience and we hired a GC on the first few flips.

Happy to share my knowledge and experience to assist you along the way. 

Originally posted by @Steve Morris:If it's your first one - HIRE AN EXPERIENCED MANAGER.A lot of these are tenant management issues like private/Medicare pay and keeping vacancies to a min.If you build and get it running well, then at least you can decide to keep it or sell it at a better price Where would someone find an experience manager?

Going off of this, do you have flip/rehab experience within the last year?