I know a lot of investors have done very well in Peirce County but I just haven't learned or know enough about that market to make an investment there.Washington state properties are expensive and can be difficult to make breakeven let alone cash flow at this moment due to the combination of high prices and interest rates. 

However, they provide a time period to fix this - ie usually 30 days. 

This creates a high demand on the land that is buildable.

How did you add value to the deal?

The friend who shared this deal with us offered to provide the loan.

Have you tried to extract the value add; have you gotten an appraisal?

Plus, we’re an Intuit QuickBooks Solutions Provider, so if you do go that route, we can hook you up with a great discount on your first-year subscription, regardless of which plan you choose.

At a high-level, I'm looking for a single page that will show the entire health of the property, from income/expenses, to debt coverage, capex, ROI, etc. 

You might also delay refinancing until the property value or rent increases, which could secure better terms or higher returns.

I highly recommend learning those strategies, as you can own limitless properties when buying without using bank funding!