For practitioners in the real estate industry, the biggest challenge is not just the difficult work, high risks, or immense pressure, but the necessity to learn to let go of complete control over outcomes.

What tools can we use to analyze the rental potential in other neighborhoods?

Its not easy and there is potential for multiple degrees of chaos and instability.

There is less risk involved in the cheaper properties .

.• Our strategy: Buy a fixer-upper SFH in a “B” neighborhood, ideally with ADU (accessory dwelling unit) potential.

I have a hard money lender at 10%, who will amortize at 30 years, with 5 year balloon so a potential loan of $200k is in the works.

Possibly but the problems I’m having stem from having too many cooks in the kitchen already so to speak, and failures of what is supposed to be seamless transitions among different payment systems, so I’d be worried that adding another layer of complication, more entities and more software could lead to more potential failure points.

What is your risk tolerance, and are you ok with properties that need work, or do you want turn key?

If you discover one that sounds potentially relevant, and you have not explored it - see if you can still get hold of your accountant to ask.

Then it could potentially be legal depending on how it's worded.