Potentially turning into section 8 if there is tenant turnover.

Quote from @Dean Harris: I love it when agents, clients and potential buyers listen to my podcast!

I'd want to not guess but to know what stabilized revenue potentials are, and to quantify where they cap. 

The reason being they did not want to be caught in a lease and have to deal with potential lease issues down the road.

I would love to hop on a call soon and discuss potential ways of collaborating or creating a win/win situation! 

Keep up the great energy.

Plus for its high cash flow potential, utilizing a 1031 exchange to reinvest gains effectively made this experiment a relatively low risk for me.

During your initial walkthrough, inspect the property for any major issues such as structural damage, roofing problems, plumbing, and electrical concerns, while documenting all cosmetic and functional issues with detailed photos and notes.Once you confirm the property’s potential, finalize your ARV and calculate the repair costs using either a reliable estimator or insights from contractors.

Alternatives to ConsiderIf you want to involve an entity for liability protection or other reasons, here are some potential approaches:Assume in Personal Name and Transfer to Entity:Assume the loan in your personal name and later transfer the property title to an entity.Important: Transferring title may violate the loan’s due-on-sale clause unless explicitly allowed by the lender.

Not worth the liability risk and the potential damage pools leave.