I'll also note that this is a little unique because I'm a licensed architect and I'll be using my stamp for some of these projects, so the architecture firm needs to be its own business (and the requirements for that are much more stringent), making this is a little more complicated than normal. 

USAA would not provide us an umbrelka policy because of how stringent their criteria is.  

I put together an intentional content plan that I implemented this week that I have been trying out.

Please review and comment regarding the impact of this broad interpretation of the law.“In addition to establishing HUD’s responsibilities under the SAFE Act, through this rule, HUD proposes to clarify or interpret certain statutory provisions that pertain to the scope of the SAFE Act licensing requirements, and other requirements that pertain to the implementation, oversight, and enforcement responsibilities of the States.

What that means is that every local office will have a somewhat different approach to implementing this Federal program.

wholesalers" - who implement this investment strategy use the terminology, "We have contracted to purchase this property...so it's a good deal, or we wouldn't have contracted to buy it in the first place..." to comfort the actual buyer who will be taking title to the property.

Things are getting more stringent with the lenders and unfortunately, no one has stood up to them yet.

Now market prices have fallen, ltvs are more stringent, and now banks are hesitant to lend.

There are certainly standards, but every business does theirs a bit differently, implements different strategies, has different business models, etc.

HI Julie-Not from Kansas City, MO - I am from Cleveland, Ohio - I understand KC to be very similar in structure and asset performance, so I would encourage you to checkout this guide: A Simple Guide for Buying Out of State Turnkey Investment PropertyIts all about hitting all the checkboxes, do not invest on faith, do a lot of diligence prior to making any moves, a calculated move is a calculated risk, no matter the move real estate is risky, but you can implement a series of controls to initiate some additional risk mitigation as you venture into your first investment property.