Seller financing or even partnering with another investor to share the repair costs could attract different buyers.

Just want to clarify how you got there, to get to $12K you divided 1.2M by 100 lots (of which 60 has homes on them and producing rent, 40 lots are vacant). 

The goal is to make the property more attractive and functional for future tenants, boosting its After Repair Value (ARV).3.

There is no way a PML will wait that long to get all their money back if your property on produced 250 a month.

It could attract parents with an elderly relative or an adult child wanting some personal space.

Plus, with the seller covering a large portion of the buy-down cost, it reduces your immediate expense, making this a very attractive option.If you're uncertain about how long you’ll hold the property or foresee needing to refinance soon, keeping the 7.75% rate might make more sense, as you'll avoid the upfront cost entirely.Would love to know more about your timeline and goals for this property to give more tailored advice!

Denver is a great market for MTR because it's big, attracts all kinds of travelers and the MTR price points are favorable for hosts as well as travelers.

Here are a few tips to help you score that first deal:Network: Join local real estate groups and online forums like BiggerPockets to connect with other investors.Find Motivated Sellers: Look for distressed properties and consider sending direct mail to homeowners facing tough situations.Research the Market: Know your area’s property values by analyzing comparable sales using sites like Zillow or Redfin.Craft Compelling Offers: Highlight the benefits of a quick sale to sellers and consider a solid earnest money deposit to show you’re serious.Market Yourself: Use social media to share your journey and post flyers in local spots to attract leads.Stay Persistent: Rejection is part of the process, so learn from it and keep refining your approach.With your big business mindset and hard work, you’ll make it happen!

A perfect example from my day today, lol, I showed two homes, 2-bed A-frames next to one another, one was producing 120k, the other under 70k (Both with views).

There’s been a net outflow from Stockton to Sacramento, making it a more attractive destination for many looking to stay in Northern California but still find value​.