It might just make more sense to buy another property and move on.

Quote from @Simon Girmay: Hi Everyone,New to investing as I don't have any properties under my belt yet, but the goal is to have something by the middle of 2025.

or move back into the property?  

I know that RTR positions themselves as “turnkey” but the reality is that they are more of a hybrid model - they set you up with everything you need and facilitate relationships with lenders, insurance, property managers, and so forth - but they are not the actual service providers.

Time and practice will still teach you as you do deals but it will help you understand what things costs for the size of the property 

Which area did you buy your first property in? 

Aloha does updates on the property and claims they still have confidence the property will sell, and we'll get our investment back plus all interest owed since default.   

Driving by a property today to see if makes sense to walk.

I have been trying to get a distressed/value add LTR property under contract in my local market for some time now.

Typlcally, a lender is going to lend 75% - 90% of the Cost of the project (property price plus rehab cost (scope of work)) or 70% - 75% of the ARV (As Repaired (as completed) Value).