Maybe if rates drop a bit and the market improves they can either try to refi again to pay us back or original investment or try selling later down the line. totally regret doing real estate at all - this is out of my expertise and I’m paying the price

It creates a great first impression and you can delay the backyard until cash flow improves.2.

Remember, C/D located properties generally appraise once improved for significantly more than they will actually sell in an arms length transaction so you can go to many C/D neighborhoods, successfully complete the BRRRR method but deal with  all of the operational difficulties of the asset class and then fail to achieve a sale figure remotely close to the favorable appraisal  that allowed for the proceeds to be returned through the refinance. 

Let's keep this discussion going to help others improve their strategies too.Best, Drago

I was not investing in RE syndications that were solely going to rehab and improve management.  

It's the only software I have tried so I don't know how it compares.What I can say is it's easy to navigate and they keep making improvements at the request of their user's suggestions.

You want to let them know that these repairs are to improve their living conditions.

REI offers steady cash flow, appreciation, and tax benefits, while business acquisitions, similar to the BRRRR method, can provide higher returns through operational improvements but carry more risk and require hands-on management.

-The large Capital improvement to the property greatly increases the basis for which you are able to depreciate the property.

With $1,050,000 cash invested and a purchase price of $950,000, you likely have significant improvements made to the property.If you're considering scaling this strategy or need advice on financing future acquisitions, feel free to reach out.