But my client would have moved forward with the deal for as little as $5-10k in concessions. 

I moved to the Sarasota area last year, and have been impressed by the REIA meetings here.

I am now 29 and wanting to grow at a faster rate- and also ensure that I am making smart moves, rather than just grasping at whatever a bank will give me.

Quote from @Jed Butikofer: Thank you for the great insights and potential steps moving forward.

Best of luck as you move forward and I look forward to finding #5 for you soon!

Property management is a separate license in Alberta.Correct.

Your clients should focus on properties with significant equity potential and work with experienced contractors to stay within budget and timeline—especially with borrowed funds on the line.Avoiding Bad Deals - Encourage them to work with experienced agents, contractors, or mentors and always run multiple scenarios, including worst-case outcomes, to stress-test their numbers.Reserves - Advise your clients to keep a reserve fund separate from their loan for emergencies, unexpected expenses, or delays.

We love the ability to move cash in and out of the heloc as needed.

Started renting it out in Summer of '24 when I first moved!

I've finally found an auction property I'm interested in, and I’m ready to make a move!