Maybe offer them a cut of the equity or just structure it like a loan. 4.

This cuts down on the back-and-forth driving, which can eat up a lot of time.

Finding a good partner/mentor can help you a lot by cutting your learning curve tremendously.

I was wrong.Not everyone is cut out for managing their own rentals.

If it's still raining outside, if you can get the carpets in a garage and under industrial drying fans, you may still be able to get them dry.6) if the water soaked any drywall, you'll need to cut that drywall out and throw it out.7) rent a bunch of industrial drying fans from home depot/lowes (they are specifically designed to dry up houses that were flooded, and soaked carpet.

It's a lot more fun to work at a place that is profitable, vs someplace that is always making cuts and struggling.

I am like you, try to stay on the cutting edge of technology as I believe if you do not you will be left behind, especially in the real Estate industry.  

If you overpaid in 2020-2023, based upon bubble multiples, the picture isn't as rosy.You have a choice to make:  Cut your losses or grind it out.

Turnkey often gets a bad rap here because a lot of investors feel that 1) it's a cop-out to turnkey instead of doing everything yourself and 2) because people feel (potentially justifiably) that leveraging turnkey cuts down your margins because the turnkey company is taking their cut.I think #1 is BS.

Quote from @John Napier: If the intent was to cut off wholesalers from doing more than two deals a year, I do not think this accomplishes that end.