My question is really around the legality and process of taking back the garage from the existing tenants for this project.

I feel like every project has its curveballs, and sometimes it’s the unexpected stuff that teaches us the most.

I'm not local to the area, and am not familiar with operating expenses for these types of projects. 

Commercial: LOIs signed to lease 50% of the vacant space and project to lease the remainder by Mar-25.

Hey Matthew,I work a lot in the Detroit market, specifically on BRRRR projects and with Section 8 tenants.

Commercial: LOIs signed to lease 50% of the vacant space and project to lease the remainder by Mar-25.

What are the best strategies you’ve used to minimize this risk and keep projects on track? 

I have my sister who will be helping me to manage projects.

@Ximei Yue,You mention that your job is demanding—do you think you’ll have the capacity to handle a time-intensive BRRRR project on top of that?

My  ultimate goal is to buy and hold but with the higher interest rates I am trying my hand at flipping since its difficult to cashflow with a long term rental.I am  about to complete my first flip project and  wanted to weigh my options between selling or keeping as a mid term rental. 1) I am curious how the market is fairing particularly in Garland Texas.