What's there track record?

You’re on the right track.

If you're struggling to keep track of everything, I STRONGLY suggest looking into Shuk.

You can turn around and sale these retail for $5,000 if it doesn't work out. 

Some metrics I like to track a PM:maintenance turnaround time (excluding complicated larger problemsBig one is vacancy turnover time, and then time needed to fill unitfinancial reporting is basically pass/fail.

But if that was the case, I need the tenant to clearly tell me this and maybe we can work out a solution together that works for both side.

Louis – House Price Index (FHFA)Tracks quarterly home price changes in Virginia since 1975.View VA House Price Index [fred.stlouisfed.org]Weldon Cooper Center for Public Service (UVA)Offers economic forecasts, housing-related research, and demographic data.Visit Cooper Center [www.coopercenter.org]Virginia Property Tax and Assessment DataCounty-level property tax rates, home values, and income comparisons.View VA Property Tax Data [www.proper...tax101.org]GIS Property Maps by CountyInteractive maps showing parcel boundaries, zoning, and ownership.Explore VA GIS Maps [www.gismaps.org]For most new real estate investors, house hacking is the best way to start. 

They’re not the most exciting read, but I’ve caught early signs of zoning changes and policy shifts that could impact operations down the line.Market Tools (Rentometer, AirDNA): I don’t rely on any one tool, but using them in combination helps create a baseline for rent comps, particularly when weighing LTR potential against STR or MTR models.Local Investor Conversations: Whether it’s chats here on BP or catching up with other Phoenix-area investors over coffee, these casual conversations often surface key info—like permitting updates or changes in code enforcement—that’s not always widely published.Refining Internal Processes: I’ve been reviewing and tightening up our PM workflows—everything from tenant communication to maintenance tracking and lease renewals.

The main drawback is limited track record—the sponsors started in 2019 and have less than 10 years of direct real estate experience, with backgrounds in non-RE fields prior.Based on this, my current criteria for sponsors I’d consider investing with are:Focus on 1–2 regionsFocus on one asset classHave 10+ years of direct real estate investing experiencePrimarily dedicated to running investments (vs. running podcasts/courses/events)Appropriate amount of capital raised / projects going on in a given year.My question to the community:Are these the right criteria to evaluate sponsors, or am I missing key factors?

@Bob V.You’re on the right track, thinking about bonus depreciation.