In my experience offering GAP loans, I typically charged between 12-15% interest and 3 points due to the loan size.

Phoenix area has a lot of golf courses, so they can experience humidity from the watering of those courses, and depending on where you are, it may smell like grass soup on a hot day (golfers' paradise). 

@Brian Williams what was your experience with Crestcore?

I have 20 plus years experience in sales.

Any experience in the DMV market or just with scaling in general?

Lacking the capital and building experience to develop it ourselves, we want to offer the backyard as a "Developer Special" on the MLS.We’d rather not risk demolishing our home at the front of the lot.

If anyone else experiences this issue, then logout of BP.

Thanks for sharing your experience with your place in Rehoboth! 

If you don't have a lot of experience cold calling or managing a team, I would recommend using one of the companies that already have a training program, they will hire and manage the VA's for you for a small per hour fee, well worth it. 

Doing this from out of state and planning to hit the STR market starting June. what you quoted in Step 3 is surely ever newbie and mid level experience investor feels like.