. - I agree that only investing with operators who align their interests with their investors (e.g., they put a lot of their own money in the deal) is a good criteria for investing. - I believe that we still have a year or two before most operators hit major financing issues (they either having to refinance or buy new rate caps), and I expect that over the next two years the Fed will reverse course and drop interest rates in response to the recession.

@Trevor MurphyOne of the components of your credit score is called credit utilization.

At the end of the day, you need to show alignment of interests between the GP and LP--putting your own money in the deal is probably the best way to show/prove that. 

We are buying in portland and surrounding areas, they do not all meet the 1% rule as they are sold, but with a value add component to them they can get there.

Splits and fees tend to be more negotiable there as well.Another major component is to meet who your broker would be, check out the culture of the team, and see if you vibe with them.

You just need to later focus on the goal and only do things that align with that goal.

While I agree that historical and future projections are more difficult now, the underlying component of “how much will this cabin generate” now and into the future relative to the cost to purchase (ie.

Experience is a key component of a successful deal, but it’s not the only one.

Securing funding requires 5 elements:1) Relationship with the funder2) Trust3) Demonstrable track record4) Have a compelling opportunity5) Alignment with between the goals for the project and the funding partner goals. 

Technically speaking a selling broker is supposed to disclose any tenants in arrears but, we have gotten several new accounts on the property management side that bought property from their aunt sally who is a Realtor but, not necessarily an investment realtor and she missed asking for certain components that would have brought problem tenants to light.