Evaluate market conditions closer to your next move to optimize the timing for a 1031 exchange.HELOC for Investments: Utilizing a HELOC could provide funds for a down payment on an Airbnb or potential flip.

Hey everyone hope your enjoying your fourth of July! For some background my firm's bread and butter is acquiring single-family flips and small multi-family opportunities for investors. I was brought an 8 unit property...

Hmmm.We run a detailed evaluation of each scenario and find that most house flippers only estimate their final profit and don’t know all their true costs.

Also, multiple documented site visits with the city and utilities like @Rick Garrido said is time consuming but worth it for your evaluation.

The property in question has been carefully evaluated for its potential return on investment, and I believe it presents a unique opportunity for profit.

I'll throw in a few more things to consider:Property Assessment:Structural Engineer Evaluation: Before proceeding, hire a structural engineer to assess the extent of the damage.

I scheduled 2 appointments with my plumber to evaluate/fix it, but both times tenant didn't show.

I am evaluating this property as a potential house hack.

I'm also looking at the area like the OP (evaluating a potential buy and rent here), but not familiar with conditions on the ground.

Also, in your experience, which metric do you find most important when evaluating an investment property?