In order to harness as much of the effects that add to your net worth you want to buy as many assets as you can, and as much quality as you can afford.It is very tempting to go into cheap neighborhoods, but especially with the old housing stock we have in the Midwest capex will exceed cash flow over time and you are not building equity.Consider your first deal a proof of concept.

There was a water supply line that got damaged during hurricane Milton, resulting in a $600 water bill.

Any rent increase will be offset by the damages they cause to the property.Figure out how to end their lease and replace them with a good renter.

We are currently in the final stages of an AI driven software that is going to essentially allow us to manage co-living properties effectively, without any of the staff or operations typically needed by rental properties.

Refi'ing into a 15yr loan is likely to both increase your effective rate and crimp your future buying power by increasing your DTI. 

Now, they take the offer more seriously.You waiting can also have the opposite effect.

The agreements I've seen basically say you are guaranteed nothing, you could lose all your money, you might not be paid on time or ever, you can't rely on any representation made by the GP, you have no control over the operation and other terms and disclaimers to that effect.

You’re effectively acting as the bank, so it’s crucial to vet your buyer thoroughly and possibly require a solid down payment.

Which is more beneficial and cost effective.

Neil  cool and what do you expect the effect for real estate investors in this market?