Hello everyone, I’ve been speaking with landlords/ property managers to better understand the operational challenges they’re facing and if they resolved it, then how did they do it. If not, resolved then I would like ...

A few of the projects I mention in my previous post have either been completed or have broken ground: https://www.biggerpockets.com/forums/925/topics/1164202-folsom-could-see-over-500-000-square-feet-of-new-doctor-s-offices-and-medical-clinics

For me, the biggest pain point hasn’t been the cost of capital, it’s lenders who don’t actually understand how a real rehab schedule works.

But what we don’t always see are the hard parts: the work, the mistakes, the learning curves, and the growing pains that come with starting and running any business.I’m realizing that the success stories are inspiring, but the challenges behind them are just as important.

Hey @Jaycee GreeneI'm not looking to become a lender :) However, my background is in software (startups and big tech like Google, etc) so I'm interested in learning how specific pain points that I've encountered as a borrower could be solved and that requires a bit of diving deep on both lender and borrower sides!

I am wondering if LLC for each property , which is a total PAIN in the tookas or LLC for all properties in that county or state and the money, the rents etc flow to a s corp?

A lot of pain for smaller lenders who bought a lot of properties last 3-5 years.

• Filling out the RFTA• Getting the packet approved• Inspection scheduling• Rent reasonableness• Waiting on the first paymentTrying to see if this pain is consistent nationwide or varies a lot by city/HA.

For example:Finding reliable boots-on-the-ground supportAccurately projecting rehab numbers or rental ratesCoordinating leasing/turnovers long-distanceTrusting contractors/vendorsUnderstanding local landlord requirements or city-specific inspectionsI’m really interested in hearing the real-world pain points (positive or negative) from people who have tried it or are actively doing it.

But I actually wonder if these programs go away, after the initial pain, the long term result is likely to be positive - a great increase in the number of 2-parent households.