Hello everyone, I have been buying properties in OR and TN and am looking to expand into NW Arkansas after reading up on landlord laws and recent growth in the area.

Private Money How did you add value to the deal?

Hi Heidi,I did a 15% down loan for 2 properties in Albany, NY with the national bank of Coxsackie in 2023.

But it's good you brought that up because it's easy to forget about that. 

This would hopefully maintain strong cashflow from the property will providing some capital to use for the next property acquisition. 

BTW: most owners that have hired a PMC, don't want to speak with you, much less meet with you in person to hear a hyped-up sales pitch.Also, you want to do rental arbitrage - so, you will need to be properly licensed to manage properties you do not own as required by your state & local laws.- why would an owner want to do business with someone NOT properly licensed?

Renovated the home in winter 2023; cash out refi in 2024 to purchase the investment property in 2025.

That is not typically disclosed up front. 

Then I put about $45,000 in fixing it up and I expect the appraisal to come back within the next couple of days at $240,000 or higher. 

When owning property with an unrelated partner, you can choose from several structures: Tenancy in Common (TIC) allows unequal ownership shares and independent transfers, while Joint Tenancy with Right of Survivorship (JTWROS) ensures the surviving owner inherits the property.