After contract is more challenging as your best negotiation is before contract.

Challenges?

If you SLOWLY add variables after you have solved the same problem a couple times it gets easier with less risk.I sadly had a very hard time with FOCUS and switched things up on nearly every project, creating new challenges.  

The biggest challenge is finding a team you can trust that will run the business for you because its not passive at all. 

While I agree the rent by the room strategy can be great if you know how to manage it well, from a lending perspective, a lot of 30 year DSCR note buyers won't allow properties with individual room leases, so it could make refinancing more challenging. 

Without solid credit, even the best structure can be challenging to leverage.Curious to hear how others in this community are structuring their businesses—are you sticking with an LLC, making the jump to an S-Corp, or considering something else entirely?

The refinance stage can also be a challenge since many lenders require a seasoning period, often around 6 months, before they’ll allow a refinance based on the new appraised value.

Unrepresented buyers: a tiny minority, and they pose no challenge.2.

Challenges?

Challenges?