My approach is to look at value-added deals since my partner is a GC.

When customers really got disappointed they approach Better Business Bureau some even file through attorney generals etc. 

Hello BP Gang,I've wanted to be a real estate investor for a long time and recently learned that I've been approaching it all wrong.

@Gregory Schwartz has great advice on the approach.

I believe an effective approach is to include a seller concession in the purchase contract, specifically as a seller contribution towards the buyer's closing costs.For instance, we had a case with VA buyers where we implemented this strategy, allowing a portion of the loan to be disbursed to them in cash.

I admire the approach taken by ZipSmart in the US and aim to create a similar tool for all Canadian provinces but with less emphasis on the map. 

Practicing resilience and maintaining a level-headed approach allows investors to navigate challenges more effectively.Thanks for sharing these insights!

Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

With interest rates climbing, we've definitely had to adjust how we approach funding strategies.