I would simply record things when they actually happen FOR YOU.

Some neighborhoods might offer better returns or be more stable than others, so local insights can be super helpful.

So you could be wasting your time on investors who aren't even investing anymore and you don't get any actual contact information it is all through the site. 

So I'm going to be on top of the rehab.

I have the ability to get these units built at very favorable costs and there are no real comps I can find so I am at a loss for planning my development strategy with regards to the size of loan I could reasonably get.This will be my first project and my partner's third but he self-financed the two others.

I know most of us here know these definitions, but just to make sure we are all on the same page.The main negative with MTR arbitrage is that since you do not own the unit, you get none of the benefits of being an owner.

The plan would be to live in it for a year together then move out and have both sides rented. 

Would it matter much if they had paid $11,000 for that house? 

After a bad experience with a tenant (they had 12 pit bulls on the property and absolutely destroyed it), he was ready to sell it and be done.

I would explain they are responsible for the cost and that if they don't pay it they can be evicted. 2.