Even if you are not cash flowing on day one, that's okay (in my opinion), you're not paying the full mortgage on your own, which in of itself is a huge win and you learn other tangible real estate investing skills along the way by simply owning. 

That said, we understand that insurance details can sometimes be complex or overlooked during the decision-making process.

Either way if the balance is 140k, without going through the short sale process (which will take a few months) no one can assure you of any approved sale price.

Hello Anique,We still have it up for sale while I go through the rentredi processes I will turn it into a rental while the land lease gets worked out.

Some banks even offer features that allow account holders to manage individual tenant information within one account, making the process more convenient.

You should follow all the same processes you would with a LTR, including the lease.

After discussing their goals, we realized they would like to maximize the property's value while also including me in the process, given my background in general contracting.

Quote from @Meena Mallik: Quote from @Nick Belsky: @Meena MallikWelcome to the community and be ready for a huge amount of information at your finger tips.

Step-by-Step Process for Evaluating a Flip:Find the Deal: Use platforms like MLS, foreclosure auctions, or network with wholesalers.Run the Numbers: The 70% Rule is a good starting point.

I've seen it with my own eyes, my real estate ventures have hit the jackpot thanks to these tactics.Now, let's dive into boosting that revenue through clever fees and rebranding.Charging appropriate fees during the application and move-in process is essential.