Interesting that you have a wide breadth of contractors that you rely on, focusing on deep expertise in these areas rather than using general handy-man/contractor.  

Since there's nothing I can do about that type of risk, I'll focus on what I CAN influence.Diversifying geographically and amongst asset classesOffering multiple investment opportunities with differing strategiesEncouraging investors to invest in multiple offerings instead of putting their entire allocation into one (and to invest with other sponsors too)Understanding that risk increases when I stray further from my core competencies, which means I need to bring in expertise or take the risk myself with my own funds before accepting investor fundsRecognize that properties have flaws, and don't ignore them to make the deal work...if the flaws make the deal un-doable, don't do the dealWatch economic indicators to seek clues to future market conditions and react before everyone else figures out what is going onExercise discipline, don't get caught up in bidding wars that put your successful execution at riskDon't accept unsuitable investors--they must be utilizing risk capital.  

Partner with another investor where they put up the cash for the purchase and you put in the cash and sweat equity for the rehab.Otherwise you need to find a seller that would sell it to you with seller financing but without significant marketing budgets and expertise this is hard when you are starting.  

LOLWhen I leave my area of expertise, my level of incompetence quickly rises to the occasion.

Especially a good realtor, one that knows the duplex to quad market like I know my market, could save an newer investor a lot of time tracking the listings and sold properties that it takes to acquire the expertise to basically instantaneously know that a property will close soon or linger on the market (in my market I can predict the quick closers with high degree of accuracy).Good luck

The only things I can really say I did was be consistent with my targeted marketing, be authentic with sellers, target a specific area, and leverage the people on my team who have the expertise I don't.

.- What resources are you set up with and what level of expertise do you have using them (i.e.

Although I don't have much knowledge on the US West Coast market, je suis un jeune Montréalais de 21 ans that is just starting out and I would love to hear your business advice and expertise for young investors in Montréal et les alentours!

You are hiring them because of their knowledge, expertise and most importantly you are hiring them to leverage time over money. 

Trust.They can be offered returns from any number of real estate investors or other non-real estate related investments, so the determining factor is trust, not money.Three ways to build trust is through time of the relationship, displaying your expertise, and forming a personal connection.