Your salespeople are going to depend on you for an office space, marketing materials, credit, LOS systems, CRM systems, and etc.. 

Do not compromise on the credit score and income levels you need to make it work.

When you sell the land and now have a note, the financed amount is then added to the balance sheet, as a debit, the credit is the land value and the second credit is a contra-account called Deferred Gross Profit.

The interest rate on the 2nd is close to credit card rates, so it's not really worth it in my opinion. 

As a CPA who works with real estate investors, I see so much bad advice floating around online—especially on social media—about “easy” credits and quick refunds.

Establish relationships locally with banks AND credit unions. 

I collect a security deposit hold against the guest's credit card, so that I do not have to rely solely upon the Airbnb "damage coverage".

I have tried very expensive courses but they talk a big game and just leave you in credit card debt.

But not having these loans report to your credit, it’s much easier to maintain your credit. and do those applications not ask you to disclose all loans? 

.• To start, I’d just need some basic info about your goals, income, credit, and property type — we can figure out the best fit from there.• Pre-approvals usually take 24 hours or less once I have the necessary info.• Yes, I have rate lock programs available through several of my lenders.• I can absolutely share references and reviews from clients, including some who are active here on BiggerPockets.• And yes, I regularly connect clients with investor-friendly agents, property managers, and insurance pros in the area.If you’d like, we can set up a quick call or Zoom to talk through what you’re looking for and get you pre-approved.– David Stephens