@Abigail King I mean, I wouldn't classify it as "creative financing" as much but my favorite strategy has been the BRRRR Method for many years.  

@Tom EvansCongrats on the potential STR in AZ.As for a shared well agreement, they can be tricky (even when it does not involve STR usage).

These properties can often be acquired through creative financing methods like:Seller Financing: Negotiate flexible terms with motivated sellers who want to avoid traditional bank processes.Lease Options/Subject-To Financing: Take over a seller’s mortgage without assuming full responsibility, especially for properties needing renovation.Creative Terms: Adjust terms to fit market conditions, like offering lower down payments or longer payoff periods.Staying connected with investors and tailoring deals to current conditions can help you secure opportunities even in challenging markets.

Currently I view real estate investing (REI) as a method of generating additional income apart from my 9-5.

Recommend:1) Letting the tenant know they need to buy traps and use them.2) Waiting until S8 gets involved.

Leverage magnifies return. 3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.

The class instructor did show us various creative financing methods, but most of the time was spent trying to hype people up to become better people and help other people out of a foreclosure situation.

Some investors rely on the BRRRR method to keep their capital working, but in a high-rate market, a short-term strategy like flipping a property could also provide a quick cash injection to maintain growth.

I've been involved in a lawsuit that settled right at a million dollars, and that was over 20 years ago.

There is not enough meat on the bone to involve an agent or an attorney.