Make sure that the market there makes sense for your goals to invest.

In this part of the market cycle, newer vintage assets, median incomes of at least 50k, washer dryer hook ups, more two beds than ones, townhome style assets.When the broker showed us the deal we didn't have to waste time analyzing it.

Quote from @David Gruszka: I wouldn't touch this applicant with a ten-foot pole.The drug felony is old enough that it may not matter as long as she has maintained steady work and kept her finances straight.

The market is tough here.

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

I wanted to secure a property in Savannah, because of how much the market is growing.

To succeed in hard money lending, know your local market well, value properties accurately, and carefully evaluate borrowers.

Cleveland can be a tricky market because you can be in a good zip code but in a bad neighborhood. 

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

Networking, Valuation, and Market TrendsBuilding a robust network is essential for thriving in the competitive land investment market, particularly in high-demand areas like Paradise Valley and Scottsdale.