I love discussing market trends, sharing renovation tips, and exploring investment opportunities.

Explore financing options and learn from mistakes.Good luck!

If you're adding fans to a room with an existing light switch wired to a ceiling box, explore adding a "hot" wire for the motor and have the switched wire for the light.

I'm getting ready to explore that. 

Alternatively you could explore a fully pre approved loan commitment to present to the developer and likely still negotiate aggressively.

Hey Hyeonji,I know you mentioned different locations along the central valley you were exploring for cashflowing investment properties.

Here are a few strategies to consider moving forward:1.Consider Existing Properties:Since new construction timelines are extended, you might explore purchasing an existing property that you can renovate to include a Next Gen suite.

@Daniel BaradRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

I assume that is where a good portion of the variance is coming from.Great job diving into the numbers on the properties as that is always good practice and allows you to better understand what numbers you want to input on the various types of assets you explore investing in. 

I’m in discussions with teams in Memphis and Detroit, but I'm still open to exploring other markets before making a final decision.Thanks in advance for any suggestion and input.