My last str was in 2018 in western Carolina mon rains and was around 100/sq ft and now it’s 2 1/2 times this.By the time you put 10% down and pay mortgage, utilities, insurance & taxes there is barely anything to nibble on.I’ve looked at ltr properties and it’s even worse.Would love some of your insights and how you all have approached this market!

Hey @Jason Malabute, that sounds like a great approach to evaluate a partner, though I think for me, the process might differ depending on whether you're looking for a long-term business partner to scale a company with or somebody to KP on one deal.

Once you do this for a year or two and prove you know what you are doing and that it does in fact make his life better you can approach him about seller-financing.

Genuinely excited and willing to learn on ways to improve my approach.

The upside potential far outweighs the downside, assuming you approach it in a responsible and educated way.It seems like we're in a similar stage.

There’s a property I have in mind in Jefferson County and before approaching the owner and making an offer I need to figure out how to find reliable contractors to perform the work in a timely manner.

Get a new PM and take a close look at your approach.

How can I improve my approach? 

Seeing how the GC approached looking at the property did give me confidence.

Looking for tips on approaching a private investor/partner with a cash flowing rental property.