@Daniel Shuler You are correct that you need a firm to agree to allow you to hang your license in North Carolina, you become a PB (Provisional Broker) until you take the 3 post-licensing classes.

@Mark NavarreteI’m a firm believer if the opportunities are everywhere you have 250,000 people that live in Buffalo that’s a lot of homes.

From my experience working in all sorts of firms, the smaller ones are able to be more nimble in their processes and the people you are talking to about the concepts is usually the person who will actually be working on the project.Also if your architect thinks that the target isn't matching with the project budget its their job to bring this up.

We will be hiring a property management firm for an LLC and working for it as we aren't allowed on the work status.

Staying persistent and firm on your price is key. $150-225k your pricing sounds very much so like North Atlanta, Marietta, Sandy Springs?

Make sure the budget is firmed up and leave a fudge factor of 10-15% to account for things you miss cause there is always something. 3.

I would be very firm with them on payments but you have to offer flexibility as well.  

Just research property management firms in your target area, look at rental listings similar to what you are targeting and call the agents, meet with a regional banker or credit union and ask about agents they deal with frequently; all of these steps are more productive and interwoven than getting bogged down in numbers early in the game.    

Here is the firms website if you want to look into the firm www.mortonreedlaw.com.

I am thinking on starting a consulting firm that gets revenue via referral services to the agents, mortgage brokers, property managers, insurance agents, cpas, lawyers and syndicators whom I have/will have vetted, used and trust.