Thoughtful upgrades and efficient project management made this a successful venture, highlighting the strength of our partnership and commitment to delivering high-quality results.

If everyone took the cash for keys approach, then the odds of a LL getting such a tenant increases.I have never had to do a cash for keys.  

Building a trusted team is key, so starting that process as you actively search for your market will put you in a strong position moving forward.

What are the key benefits of investing as an LP compared to direct ownership?

*Appreciation in Home Values – Home values in the Phoenix housing market have steadily appreciated making it a prime market for investors looking to buy low, fix up, and sell high.Finding the Right PropertyFinding the right property is key to succeeding in fix-and-flip investments.

.• Building Relationships and Generating Leads: Active engagement—through thoughtful comments, sharing actionable insights, and starting targeted conversations—has been key for me.

Strategic pricing and market positioning were key factors in increasing the property’s value.

There's no step by step guide but there are key things : Learn: RE strategies, what interests you, what do people in your area need.Connect: find a mentor, accountability group and be around those doing what you want to do.Help: solve problems- do people need dealflow, property mgmt, construction expertise, etc. 

Here are the key details of my situation:Rental Property Details (Note: This was our primary home till 2017):Current Value: $970,000 to $1MPrimary Mortgage Loan Balance: $505,000 (@ 2.6%)Took Home Equity Loan on this house to make down payment for my current primary residence.Home Equity Loan Balance: $123,000Total Loan Balance: $628K (Primary Mortgage + Home Equity Loan)Rental Status: OccupiedPrimary Residence:Purchased in 2022Mortgage Rate: 7.3%Current Loan Balance: $650KMy goal for 2025 is 2 fold: #1.

I would like turn key properties for my first deal but not opposed to fixing some up and then renting them long term.