Hello Jeffrey, thank you and id love to connect as well!

@Caroline PowellAnother thing .... make certain your selected contractor is very well versed on 203k's.

While you are at it, learn how to manage your properties well because a large percentage of investors lose tons of money through rookie mistakes with non-paying tenants, unscrupulous contractors, long vacancies, etc. 

I'm confident that many private money lenders on here would love to help you, and I would be happy to assist you as well.

It helps you find reliableproperty management partnerships and gives you everything you need to makeconfident hiring decisions: Expert Matching: Match with professionals who meet your criteria Extra Assurance: Licenses, experience, ratings, reviews, and more that can be cross-checked with BiggerPockets members Bonus Content: Receive an essential interactive workbook: “How to Interview Property Management CompaniesHere’s how it works: Enter your market and what you're looking for Instantly see top matches and their qualifications Connect with only those you want to interview Bonus!

They are doing it because the lender is requiring them to, so might as well spin it into conservatism and positive messaging.But at the end of the day, the bigger tell to me, as I am learning the hard way, is fees.  

I have properties in 5 of these areas and do quite well.

Now, the headline of % of rents, vs the huge number of ticky tack fees doesn't really matter in the end if the PM is good and runs a tight ship, keeping my property well maintained and occupied.

We have the opportunity to purchase a beautiful, well established STR in an up and coming market.

Hello Bigger Pockets Family, I’m looking to invest in real estate as well as start my own property management company I have my LLC already .