If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

I also have this same question about a Multifamily deal we have where we will need to purchase land before approvals.. you’d think being in this as deep as we are we’d know this answer but, it’s actually proven to be a pretty difficult thing for me to come across even with speaking to several people in the industry.. my own mother is 32 year lender.

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

.- Opportunities don’t wait—neither should you.The holidays are about giving, but they’re also about recognizing opportunities and making the most of them.

However, we also recognize the time value of money, so while it might pencil out to turn a profit, but we get an immediate payback versus a six to nine month holding time, it might make more sense to sell them both as bare land.  

Also recognize that this market is currently disconnected.

I'm also relatively young and interested in some more "challenging" investments (although recognizing that I would have to do everything remotely and source through a property management company like yours).

Now that I have the proven experience, and proven numbers of this working I want to leverage the experience I have in some way friends have recommended creating some form of course but I think I'm too green for that haha I need to buy a home for STR first before I contemplate that.

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

If you're going to work with contractors, collect rent from tenants, or try to bed the hot chick at the bar, you better learn to recognize warning signs and get out early.