Thus, I understand your objective on Bigger Pockets is not to learn more about REI or to help others on BP. 

Alignment up front is cheaper than mediation later.Operationally, aim for fewer decision-makers when you can, set reporting expectations for the property manager, and give yourselves the contractual ability to replace the manager based on objective performance.

If an amazing opportunity came up, I would jump in with both feet.You must chase 2 objectives.  

@Sophie WallHey Sophie — I don’t work in Cheyenne, but I focus on Midwest markets and use similar fundamentals when evaluating long-term rentals: stable job growth, affordable entry prices relative to rents, and consistent tenant demand.

Just depends on the client goals, but I am not sure I would consider anything Figure does as aggressive relative to the rest of the market. 

I have been able to review or been told of several audits (from other REI tax colleagues) related to cost segs in the last year or so- and of those none of DIY cost segs were allowed under audit. 

I’ll bet extra that the new shiny object is AI-related.   

Plenty of realtors go for eXp Realty, a primarily online brokerage, as a relatively low fee low commitment brokerage 

Instead of providing full docs, paystubs, tax returns and waiting 45-60 days to close, private lenders only need docs related to the asset to close in 2-3 weeks.

Inventory in the Knoxville metro is certainly way up YoY, but looks relatively normal compared to pre-2020 numbers.