We came to an arrangement where any sale price over $1 million, minus construction costs, would result in a profit-sharing opportunity.I’m currently trying to determine the After Repair Value (ARV) for the property but am having difficulty finding reliable comparables.

If you are able to lock up deals and you mess up the repair estimate (like most wholesalers), no one is going to buy it and you will be buying too high.

It is about creating a balance between being open to new tenants and protecting your property interests diligently.By fostering a more secure leasing process, you can ensure that your properties remain profitable and that your relationships with genuine tenants are based on trust and reliability.

Hey @Morgan Iacolucci, @Pat Aboukhaled has some great insights here, and I really agree about locking down that buy-back clause right away.

When we built up the triplex, we set it up so that each of the 11 rooms can be rented out individually (all BR, except 2, have their own bathroom behind an electronically locked door).

These groups are goldmines for finding mentors, reliable vendors, and other investors to learn from.Property ManagementChoosing the right property management company can make or break your experience.

It was only locked at the low rate for 6 months.

It's a new resource from BiggerPockets that helps you find reliable property management partnerships and gives you everything you need to make confident hiring decisions:-Expert Matching: Match with professionals who meet your criteria-Extra Assurance: See licenses, experience, ratings, reviews, and more that can be cross-checked with BiggerPockets members-Bonus Content: Plus they'll send you an interactive workbook: “How to Interview Property Management Companies”Hope this helps!

The more issues you can take off their plate before you lock it up under contract the better you'll be.

And you need your property occupied by a reliable tenant.