Not to find deals on the MLS but to potentially use the MLS as a tool to sell your deals.

You will have to gather more accurate operating costs (vacancy loss, taxes, utilities, insurance, mgmt fees, maintenance, HOA) to best determine potential future performance.

Laundromats are open to the public, and if the local neighborhood has a high crime rate and transient population, those can be potentially expensive problems that can affect your business.

Staging is the process of arranging and decorating your house to highlight its best features and make it as appealing as possible to potential buyers.

Perfect for today’s market.Speed of Approval: He was aproved and had access to funds within two weeks, which gave him the edge to close on a high-potential property.Clear Communication: The team explained everything in plain English.

If you put down an earnest deposit, you might lose out on that if you decide to back out(potentially). look at the agreement.The more important thing is, do you quality for conventional financing?

This cushions potential value drops.Syndicator vetting: Only partner with syndicators who have a strong track record in different market conditions.Market and asset class knowledge: Understand market cycles and the specific real estate types (multifamily, industrial, etc.) you're investing in.Avoid chasing trends: Just because a market or asset is “hot” doesn’t mean it’s solid.You’re right that this approach doesn’t cap your upside, quality diversification can still generate huge returns while managing risk.Best regards,Drago

When you do a traditional 1031 exchange you have 45 day identification period, to provide a list of potential replacement properties and 180 days to close on a replacement.

A good GC will have their own contract for you to review and you could potentially negotiate from there to see if you can figure out what works for both of you. 

I then sift through these properties and use my development skills to identify properties that have the potential to be developable for residential purposes.