The brokerage business is very much a relationship business.  

Building rapport was the first order of business.

Is it normal to have private money funds get wired to individuals business or personal account since he already has possession of the property? 

Just like anything - the ones that take it serious and run it like a business will take the market share.

Hello, Bigger Pockets this is my first post so not sure if y'all would respond but I have a couple of questions on my first rental property I'm 24 with my own business that trying to build a REP. this may be a long post sorry                    (side note I'm doing a BRRR without the major renovations i will maybe possibly do a kitchen but its basically turn-key sorry if in the wrong forum) I have about 70k and I am willing to put up to 50k(20%) on a 250k house and have the other 20k as reserves. 

The rent you pay is an expense and it would go on line 20b ("Other business property"). 

this is a very helpful list of actions. looks like you been down many roads in this business. 

I'm a business school professor and teach business analytics and quantitative methods. 

I am 150% positive that for business purpose investment property DSCR loan or anytime of business purpose non qm investment loan in the state of PA for the year 2024 hte minimum loan amount to have a prepay is 312k .

They wouldn’t tell us the business they do.