I am looking to build relationships and most importantly, enjoy the process throughout. 

More specifically this investor, who had $120,000 cash on hand wanted my opinion on whether he should fund the acquisition and renovation and complete one home at a time or use financing for the acquisition and renovation and by his estimation complete up to three properties at a time (with reasonable reserves) then refinance the properties upon completion to complete the BRRRR process.

Working through the financing process and need to get a homeowners insurance quote.

@Ron Singh Why not take your hard-earned $$ and invest elsewhere?

If you are setting aside a rental income for future capital expenditure, then the cash reserve are taxed as rental income when you earned it.

I send out check right away, but thinking of asking him to move to monthly or bi-monthly payments to streamline the process...Any thoughts would be greatly appreciated!

Does anyone have a recommendation on a company that can complete this process within 30 days?

I am told that if the tenant does not comply with that timeframe, the eviction process can begin. 

We spent 12k to buy out long-term tenants to start a renovation process.

We earn money by the equity built up but also from the rent.