Conversely, if you prefer to concentrate on property acquisition and management while building relationships with experienced real estate agents, operating without a license can be a perfectly suitable approach.

The best route is build something even is not perfect and have AI help you make it better. 

@Patrick Howarth Great move transitioning your primary into a rental—now’s the perfect time to get your finances structured cleanly.

.* Don’t wait for the perfect deal - when the numbers work and your gut agrees, go for it.Even if you’re not ready to buy yet, start building relationships with:* Lenders* Turnkey providers* Property managers* Agents in your target marketsGet on deal lists, start analyzing properties, and compare how different markets perform. 

I think you are on the perfect path, I believe it's always better to have your PM in place first anyway so that they can help you with decisions regarding the best finishes etc.

Test, improve, and continue to perfect your craft until you are scaling well. 

Notice how these heat maps of all the decline markets, overlay in almost perfect lock-step with previous years heat maps of the hottest, strongest, fastest appreciating markets? 

Your willingness to share helps make the investment community stronger.With their “Get To Know You Fund”, outside of the perfectly crafted sales pitch, some additional things for potential LPs to consider:* what is the underlying GP partnership structure?

This is a perfect example of why screening is so important!

Between the uncertainty and the high prices and payments, it seems like a lot of people are just sitting tight unless a picture-perfect deal pops up.