On recent projects that I have seen, LTV’s north of 70% are struggling to pencil out on.

The project was budget-conscious but impactful, ensuring the unit is ready for future renters.Reflecting on 2024: Wins, Challenges, and Lessons LearnedLooking back, my first year as a landlord was a crash course in property management.

If so, I would stick to the basics using Airbnb / VRBO.

since as part of the project you are going to need an architect and civil engineer, I recommend starting with them and ask them who they have worked with for zoning.

I have not been able to find any in person networking events in my area doing a basic internet search.

I suspect it was a part of their process to change the electric utility as close to the projected move out date, but the tenant never moved out.

I reviewed the SB9 legislation, and it states that properties occupied by a tenant in the last 3 years are excluded from SB9 but only if the project includes demolition or altering more than 25% of the exterior structural wall.

Basically you are selling yourself, not the arbitrage.

I have actually been thinkin about cutting losses honestly, I am not sure this is the best investment I could have made as my first but worried about how much of a loss I would have to take.It is meant for S8 for sure, I would have a stringent application process, and give the neighborhood a C from my research.I invested there because it was the first deal that basically fell on my lap where the mentor works with agents that Seller Finance deals, it was only $3k down and had thought the proximity to St.Louis would be attractive to tenants also.I effed up on waiting to post for rent until after all repairs and the COO for sure.  

Finish the project, take great pictures and go live quickly.