Estimates are great, but I will often do multiple estimates of the same thing to stress-test the deal.

There's multiple strategies that work but the reality of 2024 is you'll end up in two camps, 1.

I did not have much luck with traditional banks even though my partner is a GC and has done multiple additions and garages.

I am buying in that area and I work with multiple clients that are looking to buy in that area also if you have a good deal.

As for Facebook, I have joined multiple groups and spend time searching marketplace but I have always wondered if I should be hesitant about reaching out to those people who are posting these homes.

Filling up the property could be tough, and managing multiple tenants annually can be demanding.

I remember him mentioning it multiple times in the podcast, but I can't remember the specific book, can anyone help me out here?

On the flip side I've seen neighborhoods where we manage multiple units and the house is leased in less than 2 weeks.

BUT I feel like I still have to have a ton of involvement especially with multiple rehabs etc, to dictate what expense is from what property and what the purchase was for etc. to be sure deductions and depreciation are correct.

It also sounds like you don't fully understand the laws.I took his post to mean that originally the tenant was paying the full rent by making multiple payments late during the month, but then started to fall more behind by only paying a total of 50-75% of the rent each month.