I did upgrades to the interior of the property and also sold all contents as a package deal to enhance the buyer.

Make sure you can do what you want to do to enhance the unit for your own personal use and then for rental or sale after you go.

Hopefully in this case they do which can enhance your returns but just wanted for those reading who also run into this to temper expectations

@Carla Faith maybe set aside a chunk of the money to enhance your security is a couple pay off a bunch of student loans mortgage debt set up a college fund for kids whatever.After that come up with the amount of money together that you could conceivably lose without it being a huge crisis use that as the seed money.

Ridiculous.. go to almost any other country and see what a disaster that idea is.Do you think having a strip club, a tire shop, used asphalt shingle dupe site next to your home would increase values and enhance safety?

I'll be moving out to the Dexter area in a few weeks looking for some single family flips.

They do not provide meaningful oversight or guidance with respect to tax code compliance.A checkbook IRA LLC is an enhancement on the above structure that is generally more time and cost efficient for investors with a more diverse portfolio.

The correct takeaway here is that leverage can be a powerful tool.It can be used by investors to enhance returns by intentionally introducing a quantifiable amount of risk.It allows investors to take on more or larger deals than they would otherwise be able to if limited to their readily available cash.

The correct takeaway here is that leverage can be a powerful tool.It can be used by investors to enhance returns by intentionally introducing a quantifiable amount of risk.It allows investors to take on more or larger deals than they would otherwise be able to if limited to their readily available cash.However, if not used responsibly, or if luck is not in your favor and the market suddenly turns against you, leverage can quickly erode returns and even worse, result in a complete loss of investment.

The outcome of this investment has been the opportunity to save the majority of my income at an enhanced rate while short term rental income covers the majority of my expenses.