There is the detraction from existing SFH. 

FHA has caught on to this trend & updated the guidelines to prevent people from abusing FHA financing.Here are the guidelines directly from the FHA Handbook:Policy Exceptions Eligibility RequirementsRelocation: A Borrower may be eligible to obtain another FHA insured Mortgage without being required to sell an existing Property covered by an FHA-insured Mortgage if the Borrower is: • relocating or has relocated for an employment related reason; and • establishing or has established a new Principal Residence in an area more than 100 miles from the Borrower’s current Principal Residence.

Paid off our existing home in 2023. 

Social media platforms like Facebook and LinkedIn are also great places to network with buyers.Ask for Referrals: Don’t be afraid to ask existing buyers for referrals to other investors.

I have recently reached a point where the existing electrical components of the home are in need of replacement.

Too many people jumped in to the STR market when it was near its peak in 2021-2022 causing many places to be saturated.  

Cash invested: $500,000 Sale price: $1,049,995 Contributors: Jess Haas Remodeled, condoized & sold the existing Victorian duplex to breka even while making a large profit on construction a new DADU / SFH w/ rooftop deck in the backyard.

Cash invested: $500,000 Sale price: $1,049,995 Contributors: Jess Haas Remodeled, condoized & sold the existing Victorian duplex to breakeven while making a large profit on construction a new DADU / SFH w/ rooftop deck in the backyard.

Purchase price: $700,000 Cash invested: $100,000 Sale price: $849,995 Contributors: Jess Haas Remodeled, condoized & sold the existing Victorian duplex to breka even while making a large profit on construction a new DADU / SFH w/ rooftop deck in the backyard.

Those lists exist.