What makes it slow in this case is that you don't really start seeing real cash flow until after year five but it's more effective than rentals in that there is little to no maintenance.Sure you can live in a home while fixing it up with the intention of selling it for a nice profit later but I think many people are already doing that and the buyers of slow flips now also have that opportunity without having to qualify with a bank.

Interested in STR, LTR, Fix and Flip, commercial RE, and land development. 

TLDR: Pre-approval seems like a good thing but it can lead to lost bookings or a time sink (has anyone spent less than 20-30 minutes on the phone with VRBO trying to fix something??).

We fixed everything in the first 3-5 weeks, plus paint, carpet, landscaping, then rented it out.

If a tenant has a clog and calls, we remind them of this clause and then go ahead and call our plumber, who fixes it and reports back.

Growing up, my family had rental properties, so I'm open to learning more about rentals and fix-and-flips. 

How can Norada Capital pay a fixed 15% yield to investors?

Investment Info:Single-family residence fix & flip investment.

I'm not talking about cosmetic fixes, I'm talking adding bedrooms within an existing floor plan, creating a second unit (like an ADU), etc.

People might change your settings or misuse the account without meaning to, and fixing those issues could be annoying.