The same concept goes with neighbors.Just something to consider.

Hi Michael, thanks for breaking down the Property Class concept — it makes perfect sense now how it directly impacts tenant quality, income stability, and even the kind of management team you can work with.Since my plan is to invest fully remote from Spain, I want to target markets and property classes that balance stable cashflow with manageable risk, even if that means starting with Class B or C rather than going straight to Class A.From your experience, which markets or property classes have you seen work best for international investors doing BRRRR remotely?

I would think you'd need proof of concept.

I think there is a common mis conception of buying NOTES directly from BANKS .

I also have experience working for a large general contractor so I am familiar with the concept from his point of view.

Make sure you understand the concept of Neighborhood/Property/Tenant Class and research it for the areas you target to invest in.

There are many experienced GP syndicators who have failed in very basic financial and RE concepts.  

I’ve seen people use their portfolio as proof of concept when approaching private lenders or JV partners, too.If it ever helps to talk through ideas or explore next steps, always open to continue the convo.

Yes, I'm familiar with them in concept.

Originating new loans is somewhat easier however same concepts apply..