This has included:*Financial oversight with budgets and bookkeeping, having a finger on the pulse of cashflow and financials*Regular communication with partners (business partner, accountant, contractors and investors)*Implementing weekly sync calls to go over short and long term goals/lists (highly recommend the book Rocket Fuel by Gino Wickman on this one)*Strategic planning, focusing on not just the current projects, but looking ahead and having plans in place to maintain momentum*Analysis of each project to determine wins/lessons and use these to continue to improveI think regardless of the business, being intentional versus random and careless certainly makes and impact on progress and scaling.   

Welcome to the group.As you build and expand your real estate portfolio, one of the smartest steps you can take is putting a strong asset protection plan in place.

The plan is to rent it to a student from fall through spring, and then use it myself during the summer months to try and escape the Texas heat.Has anyone here tried a similar strategy?

Targeting flight crews or traveling professionals can definitely be a smart niche if you're near the right demand hubs like airports or hospitals.For a first property, it can be a solid option as long as you run the numbers conservatively and plan for potential gaps between tenants.

Would be glad to connect and share notes.We plan to invest in small multi-families and/or single family homes.

I plan and hope to retire in September, 2026.

Note, I haven't been, but I have some peers, so will relay what I can remember, briefly:Understand the type of construction loan you're getting (standalone vs. all-in-one) and the payment structure.Work closely with your builder to stay on schedule.Prepare to budget for unexpected costs by including contingency funds.Ensure your financial documents and credit are in good shape for loan approval (varies with lender).Many people underestimate costs or miss important details in planning, which can lead to delays, budget overruns, and loan issues.I hope this helps, a bit.

While I don’t have direct experience with collections, I’m also on a path to financial independence and working toward purchasing my first duplex, so I can definitely relate to the grind. 

(track record/team)If they like it, you can send the deep-dive financial model later.2.

If you plan to use a hard-money lender, you want to see what their requirements are to be able to lend.