And yes, we’re focused on value-add and lower occupancy communities.

Sometimes letting them do their thing can save so much time and stress!

I suspect maximizing the investment might make it slightly less desirable as an owner or at least the renovations might have lower ROI if sold to a homeowner.

The estate agent tells me that banks normally undervalue their valuations and that it is great that the valuation is so high (while still being lower than the asking price!)

A balanced market typically has around 6 months of inventory, so anything lower suggests a seller’s market with limited inventory.🎆 Las Vegas Rings in 2025 with a Bang!"

We have an added layer of stress compared to something turnkey in the traditional sense. 

Not to mention scams are so prevalent these days, it's stressful vetting all these companies and making sure my financial info isn't getting into the wrong hands.

It might be worth digging into both appraisals to compare the comps and see if there’s a case to challenge the lower value.

during the 2000s before the crash we got up to about 3 mil a month in lower balance high profit loans and were between 30 to 40 mil out.. we originated all our own loans.. do not trust brokers all my worst deals came from them.. this took about 12 people..

You can learn the local market without the stress of a major rehab while you start building relationships with property managers and tenants.