**Preparing for Future Opportunities**We’ve experienced a period of free-market dynamics with easy access to capital since 2001, but economic cycles inevitably shift.

A property may look good on paper in terms of appreciation but might not generate enough cash flow to cover expenses and build long-term wealth.Not Having a Backup Plan:If something goes wrong in any phase, such as a longer vacancy period or higher renovation costs, it can disrupt the whole strategy.

And a nice rehabbed cash flowing house with a new roof, hvac, driveway, LVP floors and updated kitchen and bathrooms.

For the past few years I’ve been periodically posting about complex, somewhat hard to implement, and time consuming strategies and tactics that I’ve used and can be used to “accelerate” wealth building in real estate.  

Send a request for repairs if you want if you are in your inspection period. 

You don't have an option period, no financing contingency or appraisal contingency.

Additionally, ARVs in these areas have a cloud of uncertainty so it will be prudent to be conservative in your analysis and have multiple exit strategies in place.If the home is located in an area with minimal impact from the storms, there has been a small uptick in pending sales the past two weeks compared to same period prior to the storms.

So you would need to look into is losing about $700 a month is worth it and can you deal with that for a period of time.

You can do a requested search and pay the exchange fee, normally $219, and it will search an area for a precise time period and it will alert you when they find one and you can accept that resort or not.  

Hi @Charwak Gummalla,Most Lenders have a 3 or 6-month seasoning period so depending on how you purchased the property you should be ok.