A final settlement statement should be agreed upon to ensure no discrepancies.This process ensures that the transition is efficient, minimizes disruption for tenants, and allows you to take over the management of the units with all the necessary information at hand.I hope this helps, and best of luck with the transition!

To avoid delays, hackers should report income, work with investment-friendly lenders, explore alternative lending solutions.Good luck!

If your renovations are minimal, you can start advertising right away.

The minimal need for renovation and favorable market conditions in the Jasper, GA area made this an attractive opportunity to capitalize on.

It needed minimal work to get it ready so I jumped on it.

For your first one, I think the condo route is solid because it (should) be minimal maintenance and lower price points which make the ROI actually work with a long-term tenant.

@Alesha Walker Refinancing your three properties into a 30-year note at 6-6.5% seems like the safer option, turning your negative cash flow into a positive $450-$500 per month, even though it delays your original goal of paying off properties within 15 years. 

This deal highlights our ability to execute fast transactions and maximize returns with minimal hold time, thanks to efficient teamwork and market insight.

By implementing these practices, I've been able to maintain a high occupancy rate, minimize vacancies, and build positive relationships with my tenants.

My strategy would be to have a property manager do pretty much everything, I'm okay with minimal cashflow because we both have great W2 jobs.