Has it been difficult to undertake building with all of the supply chain and labor issues?

Without a cost segregation study the cash is spent on the improvement and also taxed currently, increasing the cash needs to undertake a project.

There is a ton of stuff to consider such as proper entity formation, understanding the tax implications, picking a landlord friendly market and undertaking how lending works for foreign investors.

This property was a massive undertaking for its remodel.

With our LTR properties, we only ask tenants who we have met with and would be happy to rent to, to undertake the screening process.

Sure we have responsibilities to undertake but we are both retired and actually enjoy what we do. 

A 4 hour drive plus time to remedy a situation is a major undertaking with a full time job.

I am a little nervous about undertaking a flip, but I am certain I will feel better about it after reading the thread.

Then you will have built up a foundation and can decided for yourself if you want to become a full time investor and the undertaking that comes along with it.

The HUD paperwork has been a massive undertaking, I completely miscalculated the amount of time it would take to not only put it together, but HUD's long slow approval process.