Keeping detailed logs of time spent on leasing, managing repairs, tenant communications, and any other active property management tasks is key.

When you’re evaluating a tax professional, look for someone who takes the time to properly review your situation, plan ahead, and communicate realistic timelines.

And when things go south, communication often becomes nothing more than terse statements “approved” by the sponsor’s legal counsel.  

True success comes from partnering with people whose standards and communication style are in perfect alignment with yours.

We were very unhappy with the timeliness and quality of the work on this project as well as the quality of our communications with Ryan Poske (CEO at Bildwise and our primary point of contact).

It really comes down to finding great deals and having a reliable contractor who communicates well, on schedule, and is cost efficient.

@Sandra Uwantege Hart what @Chris Seveney is trying to communicate to you is, did you follow ALL the Louisiana statutes regarding the handling of the Security Deposit?

🎉 Building a reliable network of real estate attorneys is one of the smartest early moves you can make.A few strategies that have worked well for me and others in the industry:Start local: Attend County or regional real estate investor meetups, title company events, and REBAR-style networking sessions — attorneys who specialize in real estate often sponsor or attend these.Leverage your existing deals: Ask your closing/title partners which attorneys they see handle smooth, on-time transactions — those are often the most “brokerage-friendly” firms.Collaborate through education: Hosting a short legal Q&A or workshop for your agents or clients is a great way to test chemistry and see how an attorney communicates under real conditions.Join professional groups: In New Jersey, look into the NJ Realtors® Legal Resource Network and local landlord/real estate investment associations (e.g., South Jersey REIA, Garden State REIA).

A great STR manager clearly separates roles: Revenue Manager (for pricing), Guest Communications Specialist (for fast replies), and a Local Operations Lead (for cleaning/maintenance).

Three-four people all on one deal can get complicated quickly especially if everything isn't communicated clearly, and you don't set up equity and cash flow to match inputs.