And they only offer homes in Houston, which really limits things.

As of today, May 19, 2024, he is advertising a single family house for sale in Rosedale (Queens), NY for $250k, while stating that it will be a short sale once a prospective buyer makes and offer that's accepted by the seller after providing proof of funds. 

I want to be a part of this market because I know I can offer tenants a well-maintained, up-to-code home.

LLCs do offer a lot of protection.

My partner and I are planning to begin on making offers starting Summer 2025. 

The plan is to provide the tenant with their own stackable laundry in their unit and offer the shed for storage.Is there a legal timeline needed to give such notice or is issuing a new lease best /covers all bases?

Anything smaller may not attract larger investors or offer the economies of scale needed for profitability.Design Style: BTR developments often consist of attached townhomes, usually with features like garages and a more upscale design to appeal to renters looking for something between an apartment and a single-family home.Location Factors: The success of your development depends heavily on location.

Lines of Credit: Business lines of credit can provide quick access to funds for various project needs, offering flexibility in managing multiple deals.

In your scenario, maybe you could offer more money if they agree to your terms.

The owner was an older gentleman who wanted to sell quickly without the hassle of listing, showings, and back-and-forth offers.