Unless you are sourcing properties yourself off-market, REI became much more challenging in 2023, and downright brutal since the start of 2024 here.   

Based on the numbers seems like it was a straight forward conventional loan...any challenges?

Someone to stock supplies, an appliance repair person, heating/air conditioning repair, plumber, lawn care person, carpenter, salesman, and occasionally an electrician. 

Evictions follow the same process from county to county in NC, however some counties are slightly more challenging than others.

👋It’s awesome that you’ve already started diving into the calculators and podcasts—those are great resources for anyone just getting started.Since you’ve had some rental experience already, I’d love to hear what you found most challenging about owning and selling that property back in 2017.

This year id love to partner with some people in the area and make the jump into my first commercial deal.What challenges have you seen in the commercial space vs smaller residential multifamily?

Challenges?

Challenges?

Blanket notes are not de-duplicated currently when they are recorded against multiple parcels.Blanket notes are detected, but aggregating them is currently a challenge that has not been solved to our satisfaction.

Anything else tends to be major challenge with SFR.