This could work well if you’re looking for steady monthly returns and don’t mind managing tenants (or hiring a property manager).Selling could also make sense if you’d rather use the $500,000 to diversify into other investments, like buying multiple properties or even a short-term rental on the lake as you mentioned.

For example 3 years ago it was maximizing returns and today it is about preservation of capital.

What is the cash flow/ cash on cash return. 

This deal aligns with my strategy of adding value and achieving robust returns.

When you approach a deal as a relationship rather than just a transaction, the opportunities multiply.For instance, I was once approached by a seller who was the father of a girl I’d gone to high school with.

I feel I'm on the low end, but my COC return a year later is roughly 14%.

Pitching them on your track record and offering them a passive role with attractive returns can be a solid way to bridge the funding gap.Shoot me a message if you want to talk more, I’m always looking to align with people making bold moves in this space!

They should be able to determine the COC, annualized return, estimated ARV of a BRRRR, accurate rent comps and more.

I would compare my return with any market, anywhere but 1) this is a different San Diego market than the one I have been so successful in 2) while I am a big fan of leverage, I am not a fan of over leverage.

I intended on financing a rehab for $60k with a $15k return after 6 months.