It seems like a win-win, especially with the simplified approval process and flexibility for multi-generational housing.

I have not had an issue with the claw back scenario and if I did I would IMMEDIATELY begin the eviction process which I would then pursue relentlessly.But alas, some tenants use this trick after they have vacated your property. 

Smart investors first focus on finding quality properties—such as those in thriving areas of Brooklyn or potential neighborhoods around Manhattan—and then reverse engineer the process by improving management, optimizing rental structures, or enhancing facilities to make it worthwhile.

Step-by-Step Process for Evaluating a Flip:Find the Deal: Use platforms like MLS, foreclosure auctions, or network with wholesalers.Run the Numbers: The 70% Rule is a good starting point.

I will continue my due diligence process and you both have helped me gain more confidence with my decision to start working with Praxis.

I began the renovation process by enlisting the help of a relative and some of his friends to gut the interior.

We worked him through the process, brought him a contractor, and gave him all the resources along with giving him tips on layout and all.

Quote from @Andres Lasaga: I am in the process of selling a property to the tenant I have been renting the house for 4 years.I want to outsource the promissory note collections and reportsIt would be only ONE property, for now, any recommendation of a company that can manage the collections and reporting?

Hello Anique,We still have it up for sale while I go through the rentredi processes I will turn it into a rental while the land lease gets worked out.

That said, we understand that insurance details can sometimes be complex or overlooked during the decision-making process.