. - I had a few COI/SOI leads while being on this team who have not signed any papers with me or any one on the team as of yet and won't for the next 2-3 months.

I currently have 7 rentals units ( two three unit properties, an investment condo and a garage space) Currently I accept many forms of payment including Zelle, Venmo and paper checks.

All that is required is 4 weeks advertising in the local paper then call the sale on the courthouse steps the following month's first Tuesday.

For example one person does most of the rehab work/management and the other person finds deals, works through the paper work, and sells the flip.

Yes, you bought what seems like a good deal on paper, but in reality, you own an old apartment building in a neighborhood with poor security, possibly surrounded by long-vacant shops, streets piled with garbage, and a poorly managed community.

The 15% return is in paper and not sustainable. 

I would not want to own that property, but on paper it looks good. 

HiI was looking at some AL properties on RTR websites in Montevallo/Birmingham area which look good on paper; $260K-$270K range and close to $350/month cash flow after PM fee.

You can find higher ROI (on paper) here and probably in other cities…but the probability of actually collecting rent significantly decreases.

On paper, it looked brilliant..cheap money, quick turnaround, and a profit projection that made his eyes light up.It taught me that the real risk isn’t just the cost of capital, it’s the predictabilty of your exit strategy.