Just instructed my assistant to do that today.

All my properties today are SFR, but interested to start looking at small MFR, perhaps moving up into larger buildings. 

I just spoke to my lender today from North Jersey Federal Credit Union.  

It's simply the wrong way to start off.While you've got that going on, take the time to continue educating.

We noticed that a section of house the floors were not leveled but instead of tearing everything apart the sub contractor just compensated and leveled as he tiled.Fast forward to today we get a call from the down stairs owner that they were having cracks in the ceiling and once they removed to repair they noticed that 2-3 trusses were failing at the connection point.

Enhance both of y'alls education and try to keep current.

I'm still in the "information gathering" phase of the deal, but I've spent the last few days educating myself on hard money loans, the costs associated with them, and the problems that people experience in getting the deal done.

But as a former employee of VRBO (when the original founders owned the company and I was part of the team that helped build the site to what it is today) I obviously am proud that "VRBO" has become a noun as well as a verb in this industry. :-)We purchased our 1st STR in Summit County, CO in 2012 and since then have bought a new STR property every 2 years since, with the exception of 2017 when we bought a home in the city in VA where our alma mater is located.

Education does not count.

BP offers the opportunity for the consumer to educate themselves (if they choose) rather than just buying the hype.