Of course there are always 'what-ifs' so you can't get hung up on those.

Craftsman bungalows and historic homes are in high demand.Key ROI Factors:Homes often need cosmetic updates, not full rebuilds, making renovation costs manageable.ARV is climbing as retail, restaurants, and parks continue to develop in the area.Pro Tip: Focus on properties within walking distance of hotspots like Five Points or Riverside Village for a premium resale value.2.

Thank you again for the notes and tips! 

Now is the time to be cautious and even more thoughtful in your investment choices, but there are still plenty of compelling reasons to stay the course as a passive investor! 

It all starts with a website and online presence.Let me know if you need step-by-step directions how to do this right.

I’d have a better picture by sitting down with someone at a bank, but I did a calculation online and the new loan on cashing out $130k would still be covered by the current rental payment.

Of course they will give you a loan but not 100% financing

The MTR operator would be responsible for 1st and last month's rent, security deposit, pet deposit, possibly a move-out, setting up all of the utilities like a traditional long-term tenant, arranging for lawn and snow care, and (of course) furnishing and decorating the unit.

Thorough vetting is absolutely essential in private lending to mitigate risks and protect your investment.Here are a few additional tips to enhance your due diligence process-Assess Their Exit Strategy: Whether it’s a flip, rental refi, or sale, make sure their exit strategy is realistic and aligns with market conditions.

Of course, you also have limited liquidity and control.I am a full time passive investor, so I am clearly biased - but passive investing might at least be worth a look.