Elo Rivera believes this paid support should be illegal; it appears to be one of the few things I agree with him.I had surgery yesterday so did not make it to this council meeting (I attended the initial council meeting where this was proposed, it was proposed $5k/bedroom then).  

When they initiate a payment to you, all they are doing is asking their bank to mail you a check on their behalf, but neither you nor the payer are charged for this. 

I am eager to start but can't get around the glaring issue of not having initial capital so I was wondering if there are any methods you guys would use to raise capital if you were in my shoes or is it just time to put my head down and put in long hours? 

So I took the swing.Here’s the lesson: I got sold.He responded to a text campaign, received initial contact with my AI, and we never actually spoke on the phone—not once.

On paper, new construction seems “easy” to self-manage:• Lower maintenance (initially)• Builder warranties in place• Fewer system failures• Higher tenant demandBut I’ve seen some tradeoffs too:• Warranty coordination can still be time-consuming• Lease structuring matters more in A/B class neighborhoods• Tenant screening expectations are higher• Rent pricing has to be dialed in, new builds often sit if overpriced• Investors scaling to multiple properties hit bandwidth issues quicklyIn Birmingham, Huntsville, and Atlanta, we’re seeing strong demand for newer inventory, but also more competition in certain submarkets.For those who’ve owned new builds for 1–3 years:Did you start self-managing and switch later?

I have a free property since the tenant is buying it for me.2) When the appreciation is equal to the initial DP (the equity I paid for). 

Are you writing the initial messaging yourself then handing off the distribution?

http://m.flsenate.gov/session/bill/2018/935/billte...Looks like the special interests are at it again.

While the operator initially projected strong returns, the fund has failed to pay distributions for over two years, and several key performance metrics have declined sharply.Key Performance Data (as of Q4 2025 Report):Occupancy Collapse: Occupancy has dropped from 97.5% at acquisition to 78.1%.Net Operating Income (NOI) Decline: Annualized NOI has fallen from $3,323,252 at acquisition to $2,525,046—a nearly 25% decrease.Loan Non-Compliance: The portfolio’s Debt Service Coverage Ratio (DSCR) is currently 1.10x, which is below the 1.25x covenant required by the lender.Lender Cash Sweep: Due to the covenant breach, the lender has initiated a mandatory cash sweep.

I prefer to do RE things close to home if possible at least initially and would imagine Atlanta has a nice variety of options.