Modular, on the other hand, which I also deal with, you can do a mod and put it in the city limits but would cost as much or more as a stick built, more if you go with a two story.You're much better off going with an existing duplex

With myself as an operator I would offer the following: underwriting the deals, a detailed scope of work, a detailed material list, the labor, and the management.  

My former experience has been with LTR and I'm currently focused on STR in E TN but interested in learning other useful strategies and expanding markets in later deals. 

.○ Purchase Date - 10-15-2020○ Purchase Price - $230,000○ Original CoC 4.8%○ Current CoC 15.04%○ Current Value - $400,000How did you finance this deal?

@NA NASince this is your first purchase, focus on finding a property where the numbers work, rather than just any deal.

I use the BP Calculator to analyze all my deals.

Downside is setting the “ sale” price such that the original investors get fair value and NewCo investors aren’t getting a bad deal.  

WelcomeI may have a deal in Abilene and looking for someone who is on the ground there as I cannot get a realtor to return a call.

Sounds like either some of the information provided may have been exaggerated or changed, or possibly you could have been dealing with an identity theft situation as well.

I would make sure your numbers are solid and that the deal would make sense and is lucrative for the investor.