I added value to the deal by initiating cosmetic repairs to make the units rent-ready while preparing for more extensive renovations.

We will lose out on $100k but get our cash out and the new investor will clear $100k by sitting on a deal for a year (while collecting rents).Does this seem feasible or something that would be attractive to an investor?

I am also planning more extensive renovations to modernize the home, which will further enhance its appeal and value.

It was quite extensive, all new electrical, hvac, plumbing as well as foundation, painting, floors and yardwork and demo of shed.

You will need their ID if things go sideways and you need to put them into collections.

Check this out to learn how to intervene before collections become an eviction issue. https://www.padsplit.com/help/article/how-can-i-prevent-a-me...

Bee Setups again threatened they were going to move forward with collections.

Just like you, she can do RE as a side gig and learn a lot more while she keeps her own nest egg going and her lendability strong with a regular job.You should loop her into a major document with all of the properties and all of the profit and loss and go through them one by one and talk about whether to sell or keep, and also base it on geography for her and your collective choice of management.

(Turn-Key- meaning, they don’t have to deal with Tenants, Toilets, or Trash)In other words, all they have to do is close on the carefully vetted properties we bring to them.We provide property management, title, attorney and Insurance.We even screen tenants, deal with the various gov’t programs and provide a 3 month rent credit on the HUD.You’d see a firm that believes in keeping all investors continually “in the know” about their investments.And if that’s what you see, you’d be partially correct.But by taking a deeper look, you’d see that we’re much more than that…People choose us based on four main criteria…✅ Relationships✅ Accountability✅ Integrity✅ TransparencyIt’s about operating with integrity to build trusting relationships, being transparent with both successes and failures, and taking ownership through accountability…Focusing on taking care of our greatest asset, which is the people who choose to align with us.We want them to be able to lie down at night and sleep like a babies because they know we have their best interest in mind and always working to proactively solve any issue that may arise.To be 100% hands-off, while enjoying the passive income that hits their bank account every month.Just as sure as the sun rises…To the tune of double-digit net caps WITH equity.We conduct extensive research to know which markets present the biggest opportunities, which reduces risk and maximizes upside.And the best part?

They may pay what is owed, or I may have to send them to collections and get it the hard way.