To each their own.Also, this was 2020-2021 when the market was nuts and every syndicator was looking like a rockstar beating expectations on their deals.

Reno Scenerio Off Market Purchase Price - $185k ARV = $315-335kReno - $55-65kHolding - $10kClosing both ends - $25k= $335 , $315-$285 =$30-50k gain  As-IS Scenario Purchase - $185kSale Price on MLS :$225- $235kClosing both ends - $20kHolding - $4k= $235 - $209 =$16-$26k gainIn both scenerios I’ll be 1031ing it into a new investment.

Local REIA groups and meetups (check Meetup.com or BiggerPockets) are excellent for connecting with both new and experienced investors.I’d be happy to grab coffee and chat about the market or share insights.

If it’s a 2 bedroom on paper and a 5 bedroom in reality, then this is a significant problem and is probable a big reason why you say it’s been sitting on the market.

It possible that the market will stay low for a long time.

hey kenneth, It is really difficult and any market right now to find cash flowing deals.

Those that own it can be harder to sell as the cash flow from the business will cover the debt service for the business, but not for the real estate.Example: I had a very high-end assisted living facility on the market. 

They offer weekly training sessions on everything from investing and construction to vendor management, cash management, market analysis, and home underwriting.

They’ll have a deep understanding of the market and a strong network, which can help you identify the best opportunities.Owning rental property isn’t as simple as it might seem.

@Beatrice Ontiti we most certainly agree that adding new construction in a growth market to your portfolio would be a great next step!