What is the prevailing cap rate in the market for this asset class and make sure that the reversion/exit cap rate is half a percent at least increase bc you're assuming that you're selling it in a junker market.Loan Terms & Exit Strategy:Verify the loan terms (e.g., 3+1+1 extension structure).Confirm if the deal involves bridge loans or fixed-rate, long-term agency financing.Assess if the extension options are realistic based on the current and projected market conditions.

You need to find a regular local lender who can tell you what you will need which will be 20-30 percent depending on the rate you are after.But, the easiest way for flippers to become owners is to hold every 4th property you flip and rent it at high rent since it's a full renovation.

CRM's are typically "add-ons" for real estate software making them half baked. 

For example, a year and a half ago we received a new property on the beach in Hollywood, FL.

The easiest way is to estimate the bill, and include it as part of the rent. ($800 rent +$50/mo utilities).

When our tenants move in, we collect the first month’s rent along with a one-time, non-refundable move-in fee that’s typically a little less than half of the monthly rent (for example, $600 for a $1300 rental).

As others have pointed out the technology that exists in the space makes communication quite frankly one of the easiest parts of the business at this time and tenants as well as clients have grown accustomed to having quick and efficient communication options at their disposal. 

Simply owning some investment real estate does not make one a real estate professional anymore than owning some stock's makes one a Stock Trader....To qualify for real estate professional status (REPS), you must meet the following requirements:50% test: More than half of your personal services must be in real property trades or businesses.750-hour test: You must perform at least 750 hours of services in real property trades or businesses.

Additionally, absorption reached a four-year high in the latter half of 2023 (93.3 MW), pushing vacancy rates down to a four-year low of just 2.5%.Market Share and Preleasing: Hillsboro’s data center stock now represents 5.1% of the total primary market inventory.

I learned a lot through trial and error, and just being a moron half the time, but learning from my mistakes!