I did this before and unfortunately, I was dragged along for almost a year, but then again this was partially due to the borrower and his lack of due diligence (I’ll take blame too for partnering with the individual) but I like to think that the mistakes I had seen wouldn’t take place if the project was under my watch or to the very least the situation would be handled differently.The properties and deals that I generally see and come across in the South Jersey and Central Jersey areas would need a gap lender that would bring roughly 25 – 45K to the table depending on the area.

I partnered with a local realtor that I had developed a,relationship with who has been serving as the project manager and will be responsible for selling the house when the time comes.  

These subpoenas shall be served upon the unlicensed individual personally or by any type of mailing requiring a return receipt and shall include a statement of the manner in which the unlicensed person shall be required to respond to the commission.B.

I'm not sure this should be your responsibility.

I had an Excel sheet where I kept track of every individual expense/rent payment for my first rental, but I just bought 2 more units and now I've been working on building a more robust version of the sheet that can handle multiple properties.

Looking forward to your responses!

@Laura Alamery I appreciate the response. 

Looking for all types of investors, agents, and like minded individuals who are interested.

In my personal experience (might have just been the individual and not representative of the company), they did not get up on the roof, they did not get into the crawl space, and they missed a handful of minor but worthy issues I would have noted inside the house.

I've lurked, followed and searched for the answers to my questions because it's my responsibility to do so before asking the board, right?