Personally, I'm very conservative, and I confine myself to sponsors that have a track record of at least one full real estate cycle with either little or no investor money lost.

Right now, I'm working with a team that helps find off market properties for investors which has been a great way to dive in and connect with experience professionals in the industry.

We always encourage investors to conduct full due diligence on any property, team & market they choose to work with.

Not only am I sorry you lost money but it gives a black eye to us legitimate lenders everywhere.

I'm starting to look for team members so I know exactly what blocks to stay away from.

This organization will help you manage cash flow, plan investments, and operate like a true CEO.6.Build Your Network: Real estate success is a team sport.

The biggest challenge is finding a team you can trust that will run the business for you because its not passive at all. 

The best part is that you are making a positive impact on your providing housing for those who would not be able to afford living in said neighborhood.Managing the property and members are things the entire PadSplit team is good at.

Quite a few investors just lost a ton of wealth here, so be careful about nearness to a river, elevation, etc.

This new area is basically double the housing cost then the first, but I think finding the team to manage will be much easier.