We network and educate.

Good to know before we make any moves, so appreciate you educating me! 

Learn the difference between a good PM and a bad one, try to interview at least three, and then make an educated decision.

In my opinion, it is in their best interest not to trash the place because they could be removed from the program.

I have been wanting to get into real estate investing for a while but i didnt want to pull the trigger on any properties or deals until I felt decently educated, so I have been reading, listening, and studying as much as I can in the past year or so and bigger pockets has been a godsend.

I personally like buy and hold, but it's really your opinion.

Rates might vary slightly between Lenders, but fees & Service is, in my opinion, much more imprtant factors. 

I have a few people I could possibly reach out to for this.At the end of the day, once the property is sold for $140,000, the following will need to be paid off:SATISFY THE MORTGAGE LOAN:  -$60kME:  -$10k - down payment -$2.5k - holding cost -$5-7k - hard money loan interestPARTNER: -$5k - down paymentPRIVATE LENDER: -$25k - loanTOTAL EXPENSES: $109,500This would leave us with a profit of over $30k to split between the 2 of us.. and this is estimating expenses and holding cost etc... on a very conservative level.Really just putting this out there to see if there are any obvious things that i have over looked and also to gain opinions on the deal from those of you with some experience!

Learn the difference between a good PM and a bad one, try to interview at least three, and then make an educated decision.

That is just my opinion, and you know what they say about opinions...