Factor in the down payment, closing costs, and potential renovations.Cash Flow Analysis: Ensure the rental income from both units will cover your mortgage, taxes, insurance, and maintenance costs, leaving room for profit.

While I could sell both properties and turn a large profit, avoiding ongoing maintenance and property taxes, I’m also interested in holding on to both properties as long-term investments.I’ve thought about possibly doing a full demo and rebuilding a custom home in Carlsbad for personal use or to sell down the line for a significant profit.

Also rent can go up making it hard for you to profit no matter how well you run your business.

shouldn't the foreclosure allow the note holder to recover cost and profit at auction or by ownership of the property?

Most who fall for this trap  buy doors that are not profitable.

Residential real estate investing has the potential to be very profitable.

All in cost ~750k, revenue possible at 90% SS and 60% parking roughly 175, operating expenses on the conservative side of 50k leaves 125 for P&I and profit.

Private Money Lenders:Pros: If you have a network of private investors, you can find individuals who lend money for a share of the profits.

In this scenario, they are investing in the auction and can take a share of the profits rather than operating as a traditional lender.

Simple enough.What makes it unique is that we have operated a profitable and successful business out of our home for nearly 4 years as a highly booked Hostel and event space + potential urban market farm.