So for a self-managed investment project, our gross profit is around $4690 a month.

Partner Driven’s efficient project management ensured on-time, cost-effective improvements.

The 1st position heloc has nothing to worry about because it will still be attached to the property after the 2nd position heloc forecloses....death of the borrower has no effect on it.Likely not time to make a deal with the “owners” since that would likely involve probate, and time.  

We have done 8 self storage locations and 2 country subdivisions selling lots in the Omaha area and been very successful.  

I imagine you are still feeling the effects of Helene.

Self storage zoning.1.  

And this seems to be effective. 

Quote from @Scott Tennell: What creative financing strategies have you found to be the most effective in today's real estate market, especially in terms of working with sellers or investors in challenging conditions?

Besides a mouse trap, another effective way to deal with mice is a cat (if the tenant wants one and the lease allows it).I grew up on a family dairy farm and the barn had grain, which attracted mice.

Must meet self sufficiency test for 3-4 units on FHA though, which alot of properties in higher cost areas do not meet.Conventional allows 5% down on 2-4 units.