UPDATE:  Just chatted with the city and learned that variances have a high threshold for approval.  

The challenge for a PMC is having the time to answer all your HUNDREDS of questions and handholding you as you learn, while still making money.

Learn everything you need right here on BP.

Heck, maybe they want to learn what to look for.

Originally posted by @Dominic Battaglia:@Marko Agbaba Ive been looking into student rental primarily, still a learning curve and looking for the right deal but I'm hoping to jump in soon before I transition jobs!

Increasing NOI and value of property by 2M+ Lessons learned?

Here are a few strategies to consider for funding a down payment:Partnering: Like Gregory mentioned, finding a partner who can contribute to the down payment in exchange for equity or a profit share is a solid option.HELOC or Cash-Out Refi: If you have equity in your home or another property, a home equity line of credit (HELOC) or cash-out refinance can provide the funds you need.Private Money: Reach out to friends, family, or private investors who may be interested in lending you the down payment with a promissory note.Seller Second: In some cases, the seller might agree to finance a portion of the down payment as a second mortgage.Live Frugally and Save: It takes time, but reducing expenses and setting aside funds from your income is a tried-and-true method.The right approach depends on your situation and deal structure, but a mix of creativity and resourcefulness can go a long way.

Things that AI won’t know:Market rent as isMarket rent renovatedCost to renovateSpeed at which renovations can occurLease up rate once renovatedInvestors learn all of this by doing work in their market.

While they’re out partying, you’ll be home learning, analyzing deals, and honing your craft.

If you live in Texas this is a great resource to see how much MF inventory is growing in your market https://trerc.tamu.edu/data/building-permits/