Have 2-3 contractors look at the job and get written estimates on what it's going to take to finish the job, correct the mistakes, pass occupancy certification etc. use those estimates in your countersuit / mediation process. 4.

Right now, we’re seeing a slight increase in inventory and some corrections in rents, which could create opportunities—but achieving solid cash flow on a condo can still be challenging.Getting pre-approved is a great first step to narrow down your options and focus on locations that make sense for your goals.

Here are the current tools I have begun looking into. 1.

One additional thought: a disregarded LLC might work for you if structured correctly.

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

The DSCR loan is a great tool because it's looking at the income potential of the property, not just your personal finances.

Calling this cash flow is correct, but also causes confusion when you shift to a tax discussion.

@Keaton Sheffert Zoning changes can be a valuable tool in real estate. 

To help you, we have developed a simple tool for gauging your emotional response to some common aspects of rental ownership.

If you didn't budget your rehab correctly, and don't have access to more money, you will be stuck (this is also true if you buy with cash without any excess money).