It could be a case of some system error or an outage of some sort because this application is so DOPE, I can't imagine a business with awful support creating it.

We have a shortage of qualified applicants and conventional renters, which was created over Covid 19.

How did you finance this deal?

I like that it’s an all-in-one platform for tenant applications, rent collection, and maintenance requests, which helps keep everything organized.

Go to Pace's group, Creative Financing With Pace Morby, on FB, and look for "gator lenders".

Or like California a RE Broker like myself or Consumer finance license all which are regulated by the state .

Often times, their approval processes are slow.Credit Unions - Their member structure also subsidizes their financial structure so they can also be a source of low-cost financing.

Here are a few to watch out for:Property Condition: Most distressed properties need extensive repairs or renovations, which add to your initial investment.Competitive Market: With Phoenix's popularity among investors, competition for the best deals can be intense.Complex Deals: Foreclosures, auctions, or short sales are much more complicated compared to regular real estate transactions and usually require specialized knowledge.Tips to Successfully Navigate the MarketDo Your Research: Understand the local market conditions, including neighborhood trends, property values, and potential rental income.Build a Strong Network: Work with professionals who specialize in distressed properties-such as brokers, contractors, and legal experts-to make the best decisions.Assess Costs Carefully: Factor in the cost of repairs, holding costs, and any potential financing issues when evaluating a property’s profitability.Be Patient: Finding the right distressed property takes time.

It is going to be near impossible to cash flow on a property with 100% financing, especially if that partners rates are above conventional rates.

Back when I was in finance, we had a broker who was charging a family 2% for management fees on their cash that was only making 0.3% at the time.