You can always put in sweat equity to do repairs / renovations but you still have to pay for supplies and other associated bills.4.

This would make decision making hard, on top of likely needing owners to sign mortgage guarantees, etc.Not enough involvement/too many owners, that you no longer satisfy SECs rules for involvement and it is really a security that needs registered or exempted.Some middle ground, like DSTs or these other fractional ownership, where the admin work is so intensive that fees need to be higher to make it worthwhile for the operator.Then again, I am drawn to real estate, so by nature drawn to traditional, proven structures.  

The market, like many, saw a huge supply bump from 2020-2022, on the order of magnitude of about 100%, which outpaced demand and drove ADRs and RevPAR down. 

Prices, lack of supply, and high cost of living hasn't changed.

If you look into this option my electrician told me the specific panels and meters I needed and recommended I buy them on EBay where there is at least one electrical supply company that sells brand new electrical equipment at a significantly discounted rate.

Supply and demand.

. 🎉 I’m still finalizing things with my lender, but before I move forward, I want to be 100% sure I’m covering all the key steps.Here’s the checklist I’ve put together so far:Home inspection – to catch any hidden issues.Appraisal – to confirm the property’s value matches the offer.Financing contingency – securing my loan approval without surprises.Title search – ensuring there are no liens or legal issues.Seller disclosures – reviewing any known problems upfront.Neighborhood research – making sure the area fits my investment goals.Are there any crucial steps I’m missing or anything you think I should focus on more?

.- All hardware should be present, property secured, and in good working order (e.g. door stops, light fixtures, faucets, toilet paper holder, hand & bath towel bars, drawer/cabinet pulls, hinges, door knobs/locks, etc.).- Carpets must be professionally cleaned or, if necessary, replaced if there is excessive wear.- The yard must be in good order with no debris, either natural or other.

Contraction: Emphasize cash-flowing properties, distressed sales, and securing deals below market value.

  $350k is nearly the median home price across the nation, which Iearned at BPcon2024 is roughly $402k.A couple of other metrics I would like to consider are the purchase price-to-rent ratio and average time on the market for rentals (length of supply).