The commission paid greatly outweighs having to go back on the market and potentially getting less than you listed it for the first time.Some individual markets are better for this than others, but if you have an agent with a great strategy on the list side (professional photos, staging advice, etc) and you pair that with listing the property at a low price; you increase your chances dramatically of getting a bidding war and not only offsetting the commission but potentially making more than originally planned. 

Change orders and unknowns always just increase the prices.

Refitting all may increase costs and potentially raise your 3-plex rate, which is currently quite low.

Also using dynamic software pricing can help increase revenue. 

They rather burn the house to the ground than sell it.I do agree that the data would imply an increase in motivation, but not by much (at all).To really understand this understand the definition a motivated seller.A motivated seller is not someone who becomes willing to sell their house!

It’s also a great way to leverage your investment for future projects.If you’re planning to continue with more BRRR projects, consider refining your vendor selection process to increase efficiency and cost control, and ensure your financing is set up to maximize your next deals.If you need any advice on financing strategies for future deals or optimizing STR income, I’d be happy to help!

Depreciation, the tax write off from my then high paying job had value.Over time, rents increased and property value went up.

While rent rates do increase, so do the potential headaches of managing multiple tenants.For example, here in Bryan and College Station, TX, you can get an extra 10% by renting out rooms individually.

Are you captive to the building HOA for increasing fees?

The rents were at $1000 a door with a potential to increase up to $1250 after some small TLC renovations.When you factor in the price point, lower taxes and lower insurance you have yourself a sure fire cash flow deal.