You’ll want to make sure you have enough borrowing capacity to take on future projects and whether or not those “future projects,” need rental income or not for your to qualify.The reason is, because if you need “rental income,” on those future projects to qualify then that means during acquisition and rehab you will not be able to refinance so you’ll need enough rehab money and reserves to whether that storm.People who have enough income to refinance earlier might be able to do so before their rehab (assuming property is in livable condition, it can be dated just livable with working MEP’s (mechanical electrical plumbing)).

Owning a portfolio of PM-managed properties without any personal experience in PM is a bit like trying to manage a mechanic's shop with zero experience fixing cars, or trying to manage a law office with no legal experience.Good luck, and let us know how things turn out!  

She's making excuses, accusing you of bad behavior, and giving false threats of attorney action as a defense mechanism.

The most obvious one, of course, is that the buyer can go ahead with their investment plans even if they do not have funds set aside for the down payment.Another significant advantage is that the buyer can save on traditional bank closing costs, which often range from 2%-5% of the purchase price.From the seller’s perspective, this financing mechanism will make it easier to make a sale in difficult market conditions.

You need yo pay attention to the mechanics and bones, how does framing, electric, foundation, plumbing look? 

Window units, my apologies (you’d think I worked at a HVAC/mechanical contracting company)

Caution: I'm not sure if the mechanics of the latter option is legal; I'm brainstorming here.

ANY mechanical system that is less than 80% efficient is deemed worthless by today's standard.Now, you have to spend a TON of money for pretty much miserable deals.You have to skip trace, you have to buy a list, filter the list, have 3 numbers to track which mailer performs better, follow up, bla bla blafor what for a miserable 3% success rate?

I currently work as a Mechanical Engineer but see real estate as a means of financial security.Please feel free to reach out!

Career fields I’ve looked into include Mechanical Engineering, PA, Financial Advisor, Industrial Engineer.