The background check is supposed to identify the amount of risk, then you determine whether you can mitigate that risk or not.

Create a short presentation that outlines your process and risk mitigation strategies.

you'll be cash flow negative / losing money, potentially for years and years. 

Let's break down a realistic timeline for building your REI business without burning out or risking your day job.  

. - Consistent Payments: The rent portion covered by the housing program is guaranteed and paid on time, reducing the risk of late payments.- Large Tenant Pool: Housing programs often have waiting lists, so demand is high.

You'll notice in these subto assumption deals the length of the exit, the risk curve will get very sharp on you. 

Dallas on the other hand has more growth potential in certain markets in my opinion.

I was wrong to fall in love with the potential of this development.

It’s gotten me seriously considering bringing an attorney in-house to handle evictions and other legal needs moving forward.I’m evaluating this from two angles:Cost Efficiency: With the expense as high as it is, having in-house counsel could potentially reduce costs over time.

It pays to have a look at the EMA floodmap and see where you are in regards to potential flooding.