It is a BRRRR property and actually going pretty smoothly despite one hiccup.

I feel these deals go quick and we need to make sure we have this situated so we can make our first purchase as smooth as possible

Working with a reliable and resourceful agent will not only save you time, but will hopefully ensure a smooth transaction as opposed to the headaches of doing your first deal on your own.

So far so smooth.

The only risk here was that the owner needed 30 days after closing to move out and I was ok with handling the situation where I had to evict them out in case they don't move out but it was fairly smooth process where they moved out after 30 days.

Truth be told, I was planning on looking for a replacement regardless as the property should be running more smoothly than it is at current time. 

Whenever you are buying a property out of state you should do a few things to ensure it's as smooth as possible.Don't buy in the roughest neighborhood in the urban core.

Whenever you are buying a property out of state you should do a few things to ensure it's as smooth as possible.Don't buy in the roughest neighborhood in the urban core.

The project likely would have taken another 4 months if I didn't take charge and start managing it myself.There were many other good lessons learned during this project and I definitely have faith that with all I have learned the next Durham rebuild will go much more smoothly and likely take half the time to get done.

I purchased the unit in 2016 for $309,000, and immediately updated the floor (changed from carpet to hardwood) and smoothed out the ceiling (had popcorn ceiling) which together costed $6000, so total $315,000.