., it definitely fights the arguments on re-fis with the appraiser but I'm noticing there's just a liquidity issue that is skewing things.I try to essentially start at the floor and work my way up on the ARV as opposed to seeing the highs and working it down.

Building a strong team is essential for success, and we’re here to help.

What skills, experience, or track record do you think are essential to successfully and responsibly raise money from others?

My spouse only makes about 45k pre tax and I essentially cover most of our living expenses except for groceries. 

The thread addresses a different topic, the Real Estate Professional status, but the same principle applies to the hours in both contexts.

Both properties have a substantial amount of equity that’s essentially sitting idle.Would it be a good idea to tap into this equity (through a HELOC, cash-out refinance, etc.) to fund future fix-and-flip projects or purchase additional rental properties?

We aren't the traditional flippers who run in, throw up a lick of paint, hide the disastrous side of things and essentially trick people into buying a lemon.

This strategy helped a Phoenix investor rank higher in the “Group Stays” category.A/B testing is another essential step.

Finally the pro formas that they provide are absurdly basic and neglect at least 25% expenses, so are essentially useless. 

Anyone that is looking at your assets is always going to need to factor in property management, so you can show that as a real expense (and really make it as high or low as you want).I work in a vertically integrated real estate and development company, and I cannot imagine how things would run if we did not have an internal property management company that essentially works for the other companies but also stands on its own.