However, this method often fails because it doesn't account for operating costs.

Therefore, the property as a PadSplit is not operating or conforming to highest and best use as an SFR, which is why lenders are currently having trouble financing PadSplits sadly :(

It’s always important to do thorough research before committing to any program.About Partner DrivenAs one of the owners, I can provide some insight into what we offer at Partner Driven:100% Financing: We cover the costs of acquiring and rehabbing properties, removing significant financial barriers for many investors.Ongoing Coaching: We provide continuous support and mentorship to help you succeed in real estate investing.Profit Sharing: We operate on a 50/50 profit split, ensuring both parties benefit from successful deals.Unique Value: Our program is designed to be hands-on, providing practical experience, full funding, and absorbing the financial risk, which is different from what a book or a typical class might offer.Transparency and SupportWe strive to be transparent and supportive, and I’m genuinely sorry to hear that some people have felt otherwise.

It is a long term goal of mine to operate in a Northeast/ Mountain market at some point once I establish my brand more in Texas.

The truth is, if the owner did increase the rents and was operating the property to market conditions, and at the most optimal level, they likely wouldn't be selling the property.

I literally would lose my mind if this a "operating" property with tenants and other variables.

The building stock is like all the other Chicago urban core burbs, so expect lots of 1950's and 60's construction with galvanized pipes, flat roofs, boilers and outdated electrical.

Their growth is attracting more robotics and AI talent to the area.Scaleworks: This venture equity firm is nurturing several growing tech startups in San Antonio, creating a ripple effect in the local tech ecosystem.CaptureRx: A healthcare technology company that's expanding its operations and workforce in the city.Filestack: This cloud-based file handling solution for app developers is headquartered in San Antonio and continues to grow its presence.These companies are not only bringing jobs but also fostering a tech-friendly environment that's attracting startups and established tech firms alike.

Bigger Pockets is a great place to learn and connect with fellow investors.If you’re looking to invest long distance, I definitely recommend building your core-4 team.

It explains the importance of creating your core four.