It's not enough that your company serves the real estate industry, your actual duties should be directly related to real estate, as opposed to the typical executive responsibilities. 2.

Knowing that I had a 3-year prepayment penalty, I structured the lease option so that if the option is executed within 3 years, then the tenant buyer pays that fee for me. 

If you want to e-mail me the site plan the engineer came up with I'd be glad to take a look at it and see if there are any inefficiencies in it.

I always make sure that the draws are commensurate with the amount of work (and specifically the trade) performed to date.

The truth is, if you can execute, BRRRR can work in all of those cities so it's a matter of preference - whether you prioritize cash flow or appreciation, price range, if you know anyone, school zones, etc.

I negotiated this property by trading my owned property for this one, as it was a brand new property in an area being developed.

Remember that you’re incurring a vacancy loss every day you don’t have a tenant in place, so you should consider the trade-off here.

A business model that has always made sense to me is teaching people how to find good deals and have them bring them to me for more critical evaluation and execution where I invest my capital beside yours.

Some lenders specialize in asset-based lending, considering rental income on Schedule E, especially if you have strong rental history.

The more complicated your business structure becomes, the more problems it can actually cause such as when looking for lending options, getting the best interest rate, keeping clean accounting, filing taxes, opening bank accounts, getting credit cards, executing a 1031, making title insurance claims or even triggering a due on sale clause, etc.