From what I see there was such a rush to build new in FLA market or many of the FLA markets builder took on WAAAY more than they could handle instead of saying NO I dont have the sub trades ..

The wire instructions I received were also different from the entity listed on the contract, but in my case, they explained that the funds needed to be sent directly to the contractors handling the rehab, which aligned with the project’s structure.I proceeded, and everything went smoothly, with clear communication and regular updates throughout the process.

Apparently they handle all property repairs and maintenance independently and have maintained a perfect payment history, even throughout the pandemic.Lease Option Agreement:Effective Date: November 1, 2022Terms:Purchase Price: $165,000Non-Refundable Down Payment: $10,000Lease Term: 3 years (ends October 31, 2025)Final Payment: $158,000 balance due upon term completionMonthly Payment: $1,150 (no rent credits)I didn't see this to be a deal because if in a the best case scenario my $25000 would walk away with 2400 which is about a 9% ROI.

However, you’ll need to handle all the paperwork, figure out which forms to file, and stay on top of compliance requirements like annual reports.

I'm a licenced Broker and I also handle project management for flippers, contractors, etc.FEMA 50% Rule: ALL of the homes that exist in a Flood Zone have a 50% limit on work that can be done to repair them without bringing them into compliance with current flood standards.

Do you have enough reserves to handle a HVAC issue?

It might help to give context to their complaints so we could decide if they should have known that.Most MTR guests won't have many complaints if the place is set up correctly and cleaned, so I always expect to handle anything they want, within reason and even a little beyond.

Should I be prioritizing finding a local expert, or are there tools and strategies I can use to handle this process myself?

My team on the ground there handles everything from sourcing deals to renovation, and we've worked with hundreds of investors each year to make these properties cash flow.We’ve built up some solid relationships in Detroit—whether it’s general contractors, agents, or property managers who understand the ins and outs of Section 8.

How is this typically handled?