Then as units become vacant, then do other renovations.Hi Rick - I love this approach and way of thinking.

Hello BP Community,I have been approached by the holder of a seller-financed note (for a property I purchased from them) asking if I would be able to repay my note earlier than agreed. 

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.

I recommend getting around 5-8 quotes to see how each contractor would approach the job.

Hey Jim,If you're still interested...I would suggest a different approach.

It appears that searching for a relevant Facebook group would be a helpful approach.

However, the report shows Austin now approaching 7 months of inventory, which is flirting more seriously with “buyer’s market” territory.

Hello BigPocketers,I’m seeking advice on the best way to approach this situation.

This collaborative approach ensured seamless financing and execution.

This proactive approach has made a significant difference in maintaining positive cash flow and ensuring long-term success in my investments.Key Lesson #5: Build a Strong Network Finally, I wish I had focused on building a network of real estate professionals earlier in my journey.