Not only that but when you are in a portfolio loan and would like to for example sell one and break it out then most lenders will want to be paid back 120% of the balance attached to that piece of property back into the principle of the loan

[Not sure what @Henry M. means by 'day rate', there is no such thing with General Contractors, must be doing small jobs with pick-up laborers]And yes @Alan F. is spot on...there are way more investors that screw up a project...no idea how to screen Contractors, no idea how to do their job right on a remodel (have clear objectives and don't change them, then stay out of the way)

Add the principle for the next payment and you save that payment.

If you've had viewings but no offers, try to get feedback from viewers to understand any concerns or objections they might have.

When they finally take action, they hit a roadblock (they need to put down more $ than they had originally planned, or they don't actually love the idea of self managing) then they get shiny object syndrome, bouncing around to different strategies until they hit a wall and give up.

It’s important to figure out your goals and objectives, and then that will ultimately give you a few areas that you can narrow it down to.

However, recognizing the right time to sell can help maximize returns and achieve your financial objectives.

Here are some considerations to help you decide how to proceed:Assess Your Financial Objectives: Ascertain your long-term financial goals and the role that real estate plays in your overall investment plan.

If this is your first rental property - I'd also recommend an agent that can ensure you are looking at the right kind of home, area, and type to ensure it meets your financial objectives and provides you with a return.I've been an investor in Charlotte for over 10 years and also host a meetup called "SouthEast Charlotte Real Estate Investors/FI" - find us on FB.

Ultimately, the value of the new duplexes in Hickory depends on various factors, including investment objectives, financial situation, risk tolerance, and property characteristics.