Mark I really wish I had seen your post before I paid for JN's program.Also high five to:  Anne Barnett Wholesaler from Omaha, NE - replied over 1 year agoI noticed that statue in the background of JN's videos also - I wondered if it was placed there as his "good luck" piece or placed strategically to impress his audience.My experience:  I came across Jerry Norton's RE investing book several years ago but had not bought into any program back then. 

I have to say that the presentation was extremely strategic - hitting every issue that would be important for Knoxville's demographic values.

Additionally, the property is strategically positioned within a larger development vision, which includes building 12 patio homes and two duplexes on adjacent land, further increasing the long-term value and income potential of the investment.

Also, have you made any significant alterations to the property or if it were put on the market today, would it be indistinguishable from a standard 4-bedoom house (are there any extra walls for the SRO, constructed locks/barriers etc.)If its a standard SFR and the leases are very short term - there is a path that you could refinance this with a DSCR as basically a Short Term Rental and then potentially change strategic course back to SRO if needed at a later date

Using HELOCs or IBC to pay off debt (simple vs amortized debt) method is effective, yet investing in assets such as rental properties or syndications might be a more strategic use of available funds than debt repayment.

There's no reason to go ALL financing or ALL cash, but to be strategic about how to use your funds to acquire more properties as opportunities present themselves.Hope that helps with your thought process.

They have a few closings coming up they anticipate will pay off the 1 mil debt.AHP Servicing is entering strategic partnerships with two companies.

Time the Sale Strategically: Selling the property in a year when your income is lower can place you in a lower capital gains tax bracket, reducing the tax rate on your gains.8.Deduct Selling Expenses: Costs associated with selling the property, such as real estate commissions, legal fees, and advertising expenses, can be deducted from your sales price, thereby reducing your taxable gain.9. 

Leveraging strategic market appeal, we turned it around the same day, securing a sale at $160,000.

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.