when you put your property on the Padsplit platform, did you purchase an existing pad split home or did you have the conversions done to make more rooms?

@Jaycee Greene I met with the credit union and waiting on an appraisal but pretty certain I'll access to around $80K @ 8%.

we used to pick up a couple a year at the tax lien auctions, but most were accessible if you had a skinny guy on staff that could get in. 

IMO, only worth it if you have access to enough capital to scale your efforts, though.Can't be compared.To do well in the lending game, in addition to controlling your risk and what others have mentioned, you need... 

If not, selling the house to an investor could be quicker to access some cash. 

Alternatively, consider a cash-out refinance to access equity without triggering capital gains or explore a 1031 exchange to defer taxes by purchasing another investment property.This post does not create a CPA-Client relationship.

Access to financing, such as 90% of the purchase price, can significantly lower the entry barrier, but success still depends on having a well-thought-out plan for managing renovation costs, timelines, and potential risks to ensure a profitable outcome.

Road access, road view, VPD, Path:1.  

In-unit washer/dryer is always a plus people are willing to pay more for, but even it's just on site and not necessarily in their unit it will perform better than a space with no access to laundry. 

Maintenance/platform fees/cap ex/rental insurance - $2,000Income - $10,800Expenses - $12,532Is this somewhat accurate?