You may have to invest more time up front to cultivate the right relationships but these are the relationships that will help you grow and borrow funds that outpace your balance sheet.

And ends up being the best thing to do!!!

I bought tons of furniture (the intent was a furnished home) and put up ads.

You know that the life cycle of a company is in decline when they basically wash their hands of anything and everything, have zero sense of any reasonableness, nor the slightest interest in helping their “partners”.At this point, it’s all just a money grab. 

I'm struggling overcoming the anxiety of pulling the trigger for a number of reasons, but I'm trying to build up the capital to eventually purchase an LTR portfolio.

HiNice to meet yall. thats an area i'm very familiary with. did yall end up purchasing properties there? 

Since they’ve already already signed the lease and put the deposit down, is there really any reason or benefit of meeting them in person at this point?

Exploring vacant land in suburbs or up-and-coming neighborhoods could offer you cheaper build costs and potentially lower taxes as well.

I’m aware California is not the best market, with the restrictions and potential new tax coming up, etc, but we have personal reasons to invest there.With that said, we visited a lot of houses in the San Diego area and saw 2 that seem like a potential fit for us: one is a smaller 3 bedroom but a mile from the beach and the other is a 15-17min drive to the beach, but bigger with 4 bedroom and a little cheaper, which would allow us some cushion to invest on a hot tub or potential pool.

His motel has been shut down since COVID-19 for not being up to code, now, he has renovated it and water/electricity is running.