If you overpaid in 2020-2023, based upon bubble multiples, the picture isn't as rosy.You have a choice to make:  Cut your losses or grind it out.

Turnkey often gets a bad rap here because a lot of investors feel that 1) it's a cop-out to turnkey instead of doing everything yourself and 2) because people feel (potentially justifiably) that leveraging turnkey cuts down your margins because the turnkey company is taking their cut.I think #1 is BS.

Quote from @John Napier: If the intent was to cut off wholesalers from doing more than two deals a year, I do not think this accomplishes that end.

I am looking at purchasing a modular home, but has two repairs that it needs first has some soft spots in the floor would it be easier to put new flooring on top or just cut out the soft spots and replace them?

SFR is 2100 sqft over two floors (one is basement), both floors are fully-finished, water pressure is not an issue. there is no other rehab in the main house, so we will have to cut into the ceiling for just the retrofit.Thanks a ton!

This then wraps back into the raising capital dilemma, as that is the major component that I'm missing.I know this was a post full of jarbled thoughts and questions but if anyone has even a shred of insight or advice, that would be much appreciated!

If you miss something, you either take a pay cut or have to go back and fix it or both.I started doing it part-time while in school and couldn't make it to most appointments because they were during the day when most people are at work.

The highly effective path to accumulating wealth in rapid time is the same, unhyped, path it’s always been:- Radically cut back on expenses by getting roommates, living in the smallest bedroom in the basement or attic for a few years, and househacking or renting cheaply.- Bike or walk to work- pack lunch and learn to cook.- Read a new business book or equivalent every week for years.- Amass liquidity as rapidly as possible.- Use that liquidity to purchase real estate or take shots at small business entreneurship.To more directly answer your question though, I think that the “live in flip” is one area that seems appealing right now, in Denver.

I have been monitoring the Fed's statements regarding the possibility of rate cuts this year, but it seems to have been deferred, or who knows.

Cut out more middle men and error in communication.