I had to look up what "variance analysis" meant.If I understand the question correctly, you're asking "What went wrong to not hit our 20% target?"

It just came out this month and will hit every question you have about that in my opinion.

Seems like it would be much more profitable and efficient.

I don't think that happens without one two things; a harsh hit in the economy or a light hit in the economy + 10 year screaming.

Wholesaled a deal in September that didn't hit that number.

They provided registered address and limited mail forwarding for free and the process was fast and efficient.

Typical renovations include:Cosmetic Updates: Painting, flooring, kitchen and bathroom upgrades, and landscaping.Structural Repairs: Fixing any underlying issues such as foundation repairs, plumbing, or electrical updates.Efficiency Improvements: Adding energy-efficient windows, new HVAC systems, and better insulation to increase the property's overall value.The goal of the rehab phase is to increase the property’s market value while making it an attractive place for tenants.

We're improving units, management efficiencies and bringing rents to market value.

If you have complicated leads, you're looking for advice, or you just want to connect, please hit me up. 

They never hit bottom.