If they don't pay, then it would be grounds for eviction.Raising the rent is an easy option, and it works well in markets that do not allow to bill back.I would see what the competition is doing in your market.Congrats on the dealGino

Now, I embrace them a little more, but the lack of clarity on scheduling and consistency is agonizing.  

There are definitely pros and cons to each so I figured I would just lay out a few benefits and personal thoughts: Small banks/brokerages:Pros:- Some regional knowledge of the market- Possibility of more creative lending guidelines with bank specific programs- Sometimes they have competitive rates for their areaCons: - weak balance sheet (more strict on some guidelines, no wiggle room, inability to be flexible or grant exceptions because they cannot afford to hold less than perfect loans)- Can't scale with clients to different markets- Usually limits exposure to individual investors (they don't want one investor to be too big of a portion of their balance sheet)- Lack of experience with multiple solutions (tend to have 2 or 3 loan products they sell and are too niche to provide tailored solutions)Large banks/brokerages:Pros:- Large compliance departments that understand individual market guidelines (typically each state has specific lending guidelines that augment the national baseline)- Ability to scale into multiple markets with same lender (licensed in many states)- Impossible for individual investors to "outgrow" a large bank's balance sheet (not concerned with one investor's concentration)- More lending solutions available for different scenarios- Often comparable or better rates given the game is volume basedCons:- Can be more difficult to get fast responses if the bank/brokerage does not have good follow up systems in place (or if the underwriting/processing staff gets overwhelmed)- Bad large banks can feel less like a relationship and more like a cog in a factory (less personal)Overall, I have worked from both and worked with both as a loan officer, branch manager, and as an investor/client myself. 

I'd say first identify a strategy, choose a market that aligns with it and establish your Core 4 Real Estate Team.The main challenge I observed is that individuals often lack a clear end goal or strategy or they select a market that doesn't align with their chosen strategy.

Then evaluate what went right/wrong and execute at least four more BRRRRs in 2025.I believe the most effective approach to achieve a successful BRRRR strategy is to engage a skilled contractor with competitive pricing.

Have you ever struggled with pricing a flipped property, and what strategies did you use to set a competitive price?

If someone is anonymous, and not being specific about what the complaint is....how do we know they are not just a competitor trying to throw shade at their competition? 

Less competition can lead to better pricing.

Social Media- a lot of syndicators are lacking in this area.

What got me to tap out and exit was the lack of willingness to do repairs/replacements a new way.