That made all the stress and anxiety worth it... the difficult tenants/roommates, constant noise, roommate drama, and lack of peace and privacy.This approach reflects the balance between comfort and profitability that Craig Curelop discusses in his book, The House Hacking Strategy.

Account Closed I would approach the tenants on either side of the vacancy and offer them the space at a substantial discount on a term matching the balance of their current lease.

So average balances in the bank in the low to mid 7 figures is how you do these deals.

The remaining balance will be kept in escrow and pay out when they vacant the property.

Lenders in the RE space aren't the healthiest right now in my opinion and need some stable wins on their balance sheets.

The objective should be to protect yourself and properties without adding unnecessary complexities to your business and greater emphasis should be placed on reaching better balance.

I'd like to find a way to find out the seller's loan balance and make a 2nd offer.

.); the larger drawbacks of course are lost investment gains in the plan and potentially needing to repay the loan balance in full if circumstances change, among others.

Arranging schedule of various trades and balancing the good ones with the ones that are available.Permitting and inspection issues (should be a non-issue, but last house we had a new inspector that seemed like he had something to prove and nitpicked what I view as non-issues).Market swings impacting ARVs, or in the current market: are we going into a recession before the house can be completed?

The kitchen cabinets were three different colors, so I knew unifying them would help visually.