I had one gal that did nothing but split payments every month we usually had about 200 loans on the books at anyone time.In Oregon fractionalized loans are a security so you need the security docs.. which as stated is a whole nother level of pain.I liked the bank LOC the best although the PG is required.. so if thats a non starter for you.. check out if you can fractionalize the debt obligation.. and then have some very good language in your debt instruments about how you handle a foreclosure.. our bank LOCs as stated above were all 5 million and up.. we could go 75% ARV on our loans bank then would loan 80% of what we loaned..

Todd, most accountants that specialize in real estate taxation can handle multiple states and multiple properties.

So it would be a lot on your plate to handle as someone new. 

I need a realtor that answers her phone right away when I call and handles anything I need handled because I work full time.

We handle all underwriting in-house and have partnered with a new screening software that validates bank record deposits with applicant's paystubs in addition to our Transunion reporting.

The deal sounds great though if you really want to handle these kind of rentals it could be worth it.

While I rehab the unit then finish out the rest of my year in said RV whilst renting out the units.

Hey @Sam Loranger the first steps I would recommend as a new investor is to get a handle on analyzing the income, expenses and ROI of these properties in Bridgeport.You can use the Bigger Pockets calculators to start.

The Agent has a full team in place to handle the inspection, the Contractor for any major repairs, and the Property mgmt. team for small/minor repairs. 

Run questions past them on repairs, how to handle situations with tenants when they ask you what you want to do, etc...