Once information is developed for one platform, it’s efficient and strategic to adapt it for others.

Since many condos complexes either still had a significant number of developer owned units; or speculators had purchased the units and rented them out, very few condos qualified for financing. 

Are they showing the developer's bank account?

But I'm not sure how to go about developing relationships with realtors, mortgage lenders, securing a trusted "team" as it's suggested..

Standards of practice developed to protect and defend profits and capitol. 

Guest communication, bookings, coordinating vendors, supplies, permitting, software setup, and hands-on repairs all qualify.

Economically, look at what the cities are doing to bring in business and drive growth / development in the area.

Also learning house hacking in cheaper nearby markets can be very effective to develop experience and maybe even capital without having to purchase a primary residence.

Physical occupancy can be 100 percent while economic occupancy is quietly sliding if you are discounting rent, forgiving late fees, or carrying residents who are always behind.If you are building software, the killer insight is making it action based not just reporting.

.• Out-of-state can work well if you have strong local property management and realistic numbers.. some of my clients use a 'hybrid' method with software/VA platform and we help them with the vendor network.