Regularly reassessing your numbers and being willing to adapt is key to long-term success in this space.

This is not the case for the majority of metro areas across the US.In less hyperbolic markets there wasn’t an intense amount of speculation so operators didn’t pay high and are weathering the storm on interest rate resets and are finding a way to refinance Deals with maturity walls.I am finding that a lot of killer deals with my clients are happening in the sub 50 unit deal space for those who need to sell, because there’s much less competition in a chase for yield.  

I used my finances as well as sweat equity to completely renovate the entire house, even going so far as to relocate a furnace so that the living room space would feel more open and inviting.

The first are ideas that apeal to you (I like RV and campground spaces, etc) and ways that other people succeeded in them. 

Sidenote: I am a note investor and play in this space as my full time job, so I am not some crackhead. 

That said if you can check the remote work space box, great, doesn't hurt. 

Always ask yourself this question:  If the tenant leaves how easy is it for me to release this space. 

Let me know if you're interested and I’ll be happy to pass along the details.Looking forward to hearing more about your first flip and feel free to reach out if I can ever help or connect you with someone in the space! 

For a 6 ft 8 in door, unfinished, 5 1/4 in jamb size, it was $2,087 per exterior door pre-tax.

Professionally, I work with investors primarily in the single-family home space, and I'm interested in learning more about other areas of REI as well as networking with other pros that support investors.