It is a TON of work but you only need 1 to 2 deals per year to live the good life.

If you get 100 leads, about 2 - 5 will be "hot", meaning they'll be at or below 70% of ARV.

In the northern tiers it still seems to be a hot market, so if you can find the right deal where all the numbers line up, go for it. 

Easy living, comfortable furniture.

Back in 2022, we tackled a property we affectionately called the "Scary House," and trust me, it lived up to the name.

Both are great markets, but CLT is hot right now, and far less expensive compared to inner Boston.

TERMS- Deal Type: Seller Finance- List Price: $580,000- Purchase Price: $780,000- Seller Carryback: $693,000- Total Entry: $100,000 Breakdown: Assignment: $13,000 Down: $87,000- PITI: $2,657 Breakdown: Principal & Interest:: $2,000 Taxes: $464Insurance: $193- Rent: $5,250 ($750-800 per unit)- Amortization Years: 28.88- Interest rate: 0%- HOA: NONE- Balloon: NONE- EMD: $5,500- COE: Feb 12, 2025- Occupancy: Occupied, Occupants staying post closing- Title company: PROPERTY DETAILS:MULIT-FAMILY7 Units - 2B/1B per unit- Living sqft: 5,200- Year Built: 1940- Age of Roof: 1- Age of HVAC: New- Age of Water heater: New- Condition of Electrical: Good working condition- Condition of Plumbing: Good working condition

Tell the tenant if they are having problems affording rent, they are welcome to give notice and find a less expensive place to live.

@Keith Mintz Will you be running the house or leasing to a company that does sober living.

Opex has been a huge hit to most property owners in all shapes and forms, myself included, but to know to keep your back wide enough to cover your own you'll be able to navigate these waters just fine.