Sellers or JV partners may value a hands-off partner who can handle rehabs.Start with a Strategy: Whether it's BRRRR (Buy, Rehab, Rent, Refinance, Repeat) or simply flipping properties to build capital, define a clear path for your first few deals that aligns with your long-term development goals. 

So you take the "total rent" from all units and divide by the ARV.

@Matthew Mclean It's totally your call but my advise is to read the contract that they'll make you sign.

If you are buying an SFR for 75k, put 175k into the deal (total cost is 250k) and it appraises for 220k, you are negative 30k before any loans are considered.

Lease starts December 1, 2024 and ends March 31, 2026 for a total of 16 months.Hope this helps!

And definitely  not to the the refi before hand.

I totally get where you're coming from—finding deals that pencil here in the Portland/Beaverton area is tough, especially with the high cost of living and interest rates.One approach that’s been working for some investors locally is exploring opportunities with mid-term rentals (MTRs) or hybrid MTR/STR setups.

Meaning the folks sitting at sub 25%, probably 20% DTI with cash still on hand to buy properties but choose to leverage.

Hey James, I'm sure you've found a solution by now considering this post is 2 years old, but for future reference here is what I have found as far as software solutions for managing a handful of rehab projects at once.Construction/Rehabbing Specific PM Software vs Generic PM SoftwaresWhen choosing your software solutions you will need to decide if you prefer a house flipping software that is specifically built for managing a house flipping business or use a generic project management software.  

I regularly go to Mexico so I know first hand what's going on there.