We drive two Tesla EVs, so if we count in the $ delta we saved from gas $ to charging at home, our projected ROI on the total system (~$40k post rebate) is about 8 years.

I'm not local to the area, and am not familiar with operating expenses for these types of projects. 

Commercial: LOIs signed to lease 50% of the vacant space and project to lease the remainder by Mar-25.

Hey Matthew,I work a lot in the Detroit market, specifically on BRRRR projects and with Section 8 tenants.

Commercial: LOIs signed to lease 50% of the vacant space and project to lease the remainder by Mar-25.

What are the best strategies you’ve used to minimize this risk and keep projects on track? 

I have my sister who will be helping me to manage projects.

@Ximei Yue,You mention that your job is demanding—do you think you’ll have the capacity to handle a time-intensive BRRRR project on top of that?

My  ultimate goal is to buy and hold but with the higher interest rates I am trying my hand at flipping since its difficult to cashflow with a long term rental.I am  about to complete my first flip project and  wanted to weigh my options between selling or keeping as a mid term rental. 1) I am curious how the market is fairing particularly in Garland Texas.

A ground-up construction loan for a new investor on some vacant land would also be a no-go as you must be able to show successful exits (refinance or sale) from a few projects before that's an option.So, we need to be able to see funds in your account that can cover the down payment, closing costs, and some reserves left over that will allow you to start your rehab.• No entity to close in: Though an LLC/entity is not a must-have, it's a nice-to-have prior to seeking financing.