Friendship and business don’t always mix well, so it’s critical to use a solid lease and treat this as a business arrangement.

Looking for ways to expand my network as well as possible job opportunities. 

If they're cash flowing super well, why sell or take out a HELOC? 

Response times began to lag as well.  

Jay I know you are a player in this space as well - but I am curious to your opinion on finding decent loans to buy.

I attended the RALA 3-day training in Phoenix and took a couple of online courses as well, and while I found these courses to be very valuable in helping get a clearer understanding of the space and what it might take to be successful, I eventually I found it most beneficial to bring in a partner/advisor who has built residential assisted living facilities here in Texas and has been running them successfully.

Then, I would share with them how you manage properties and what your expectations are for them as well as you - essentially explaining how you work with people renting from you.

@Ivan Castanon I am in the Tampa area as well!!!  

-Management is low - you'll need at least 10% plus leasing costs - typically a month's rent for each lease-up, and sometimes a renewal fee as well-Insurance seems low-Are taxes accurate? 

I’ve tried to maximize locations that will appreciate in value as well as cash flow.