@Mike LeeThe ultimate decision is on you as to when to start investing.

I have a few properties I’m looking to temporarily refinance with hard money in order to pay down debts, increase credit score, and ultimately refinance with a bank.

I realize there is no clear cut solution to this and I ultimately have to be the one to grab the bull by the horns (which I'm doing by absorbing as much real estate related content as possible), but I'm more just curious if anyone else has ever been in a similar situation where you felt like the clock is ticking.

Ultimately, I would ask your CPA how he/she wants to see it to save you the most money.

I really don't want to drop out of college, I'm doing welding but I'm having a lot of trouble doing open butt roots on 6010, I've broken out on all but one test so my grade is horrible.

I realize there is no clear cut solution to this and I ultimately have to be the one to grab the bull by the horns (which I'm doing by absorbing as much real estate related content as possible), but I'm more just curious if anyone else has ever been in a similar situation where you felt like the clock is ticking.

Here's a list of what we ask for in our LOIs and contracts:Operating financial statements for the property, including income statements, expense statements, capital expenditures, for the last two years of operation and year-to-date financial statements for 2020.Prior two (2) years tax returns and addendums for the Property.Current tenant leases, tenant correspondence, tenant credit information, tenant security deposit register, and delinquency report.Onsite staff payroll records to include salary, bonuses, payroll taxes, benefits, etc.Monthly owner statements and rent rolls for the past 12 months.Contracts, service agreements, and files pertaining to the property.List of maintenance all maintenance requests (complete and incomplete) for the last two years of operations.Real estate tax billings and assessments and other correspondence pertaining to real estate tax calculations at the property.Copy of Insurance Policy and claims documentation (loss runs).List of capital improvements and any and all necessary related documentation and warranties.All existing warranties and guarantees from architects, contractors, and material and equipment suppliers, all of which would be assigned to Purchase.Any existing environmental Phase I/II reports, engineering reports, soil, mold, radon, asbestos, hazardous substance, termite, or other tests, studies, or reports.Any existing appraisals.Itemized inventory of all personal property.Twelve (12) months of utility, water and sewer bills.Twelve (12) months of bank statements.Verification of additional income from operations including but not limited to application, pet, late, and other fees, etc.Copies of title policies, title reports, land surveys, site plans, deeds, or any architectural plans for the property.History of or pending litigation against the Property, its owners, or its managers related to the Property or the operation thereof.Such additional information, documentation, or access as Purchaser shall require

If i were to take that money and pay extra in the loan, it would drop the remaining time from 27yrs to 18.5yrs, but ultimately it was having that extra $370 buffer for fluctuations in the economy, or extra money to save for another rental, that was the deciding factor.

Its a sad but true, time tested, rule.... treat the customer a little crappy and they will want to make friends with you... well, most of time at least...Now...

As for turnkey markets to continue investing in Cleveland is the one I am most familiar with and it's also very popular with investors across the USA so I figured you'd get some value out of reading The Ultimate Guide to Grading Cleveland Neighborhoods.