Again, not familiar with your market but your numbers seem conservative, which is smart.

These condos yield 5-8 percent conservatively.

And of course never sell it with a tenant in place, because then you can only sell it to another investor - who wants a discount.Cash-out refi appraisals are often very conservative because they don't have a contract price to benchmark.

Note when i do underwriting for my purchases, i run significantly more conservative underwriting (since 2022 i have been depiction $0 near term (5 years) appreciation for one example.  

It is typically lower than cash-on-cash and you can put it somewhere around 6% conservatively.

I am assuming brrrr do similar but in reality, due to conservative nature of refi appraisals, I suspect they achieve less valuation if based on the refi appraisal.https://www.sandiegouniontribune.com/2024/12/16/home-flippin...

She was/is a conservative Christian.

Curious to hear any creative approaches that have worked in today's market.ARV and future value are speculative so when I am looking at property I am looking at it for longer term - does it fit within my strategy based on conservative estimates.

It should be about 60k profit, about a month and half, 2 months conservatively, on rehab.

This is way more conservative than a lot of people I talk to and has definitely meant that I lost out on opportunities, but it gives me bigger peace of mind and in shifting markets I feel better prepared to adapt if need be.