Article 2 of Chapter 45 covers 'power of sale' and the legal aspects of foreclosure in NC.

I have a couple of questions about aspects of the BRRRR process.

Pick one aspect that is most important to you and stick with that, rather than trying to win at every strategy in the real estate investing book on one property, in the case of short term rentals, in my opinion, cash flow is king.

It’s turn key and has been upgraded in every aspect, from flooring and appliances and everything in between.

@Nicholas ZakasYou could be a private lender or also invest in mortgage notes For private lending you will want a good attorney to draft the loan documents, you will want a good title company as well.Biggest risk factors in private lending are who you are lending too (get references and run background checks on them) and what are they buying and will it have valueAlso make sure they have skin in the game.Other options are to invest in syndications which you will still want to do due diligence on who you invest in it is most passive strategyThere are syndications in all aspects of real estate as well

Feel free to reach out if you need help finding connections in the area, have quite a few solid ones in all aspects. 

It seems like havinggreat rapport with the tenants would be a key aspect for sure.Sharing your planand asking the tenant which improvements they would be willing to pay for inthe form of increased rent sounds like a really simple but smart strategy toultimately get their buy in before executing the work.Thanks for sharingyour experience and I'll be sure to tread lightly if I do decide proceed inthat manner.When youself-managed most of your portfolio, what were some easy but key steps thathelped you build this type of working relationships with your tenants? 

Does that aspect start later in August?

I've been dedicated on the knowledge gaining aspect of REI, have yet to commit to any deal which is the next step in the knowledge growth.

As I said, RE has always interested me especially the investment/income aspect of it.You're insight helped me feel more confident in moving forward.