Some banks even offer features that allow account holders to manage individual tenant information within one account, making the process more convenient.

There is no way to really get an adequate perspective because there will always be a very wide variance of thought processes.

Just make sure you understand how to underwrite a property or partner with a Hard Money lender that can manage the process for you. 

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.

Wholesalers drag out the process if you go with a bad one. they are not buying the house. they only want your signature.

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. 

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

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

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.

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.