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Updated about 6 years ago on . Most recent reply
![Loren D Chase's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1162000/1621509745-avatar-lorenchase.jpg?twic=v1/output=image/crop=1633x1633@54x248/cover=128x128&v=2)
Looking for feedback on how I may have improved this deal
Investment Info:
Single-family residence buy & hold investment in Casa Grande.
Purchase price: $106
Cash invested: $22,500
This home is a two story beauty! Beautiful kitchen that opens up to family room and office/den. It is in immaculate shape - move in ready. Call and make an appointment today. You will want to call this home
How did you add value to the deal?
I put 20% and bank financed the rest on a 30-year fixed at 3.125%
What was the outcome?
I have gone through 3 renters with about 7% vacancy rate. Interested in learning how to get that down.
Lessons learned? Challenges?
I didn't use a professional property management company. I had some real losers in there to begin with, despite a fairly thorough background check. For me, loosing 10% of the profits is better than spending the time myself.
![](https://assets1.biggerpockets.com/uploads/investment_image/image/17705/medium_image.jpg)