Properties like the Michigan complex offer a unique entry point, combining cash flow and significant upside potential.Immediate Cash FlowThis particular property is projected to deliver 6% annual cash flow from day one, already exceeding the yield of Treasuries.Value-Add RenovationsThe property includes hundreds of units that can be upgraded to Class A finishes, justifying rent increases.

They can offer valuable insights into the local market, potential rental yields, and specific considerations for a rehab project like the one you're planning.

The shorter the prepayment term has an impact on increasing the rate.4.

If we can complete projects faster, we increase IRR and build trust.3) Market Risk- The longer it takes to complete a project, the more exposed you are to market fluctuations.This goes for all things Real Estate - BRRRRs, Flips, New Builds, Rehabs, etc.Real Estate is a wild ride I feel your pain, I've had this happen many times where the project is twice as long.

What the investor will have is a long term appreciating asset; that will provide an increasing cash flow as rental rates increase, and steady amortization as the note is paid down.  

Given his spending habits during his first term, it might be a wash.Costs to build new properties will probably increase.

Increasing NOI and value of property by 2M+ Lessons learned?

We are asking the current tenants to leave as the property is not in optimal condition we like to have our rentals and we would like to fix it up to increase value and rents.

Are there any additional considerations?

Pricelabs aided in all my properties (except one I stayed in for a week last month) increase revenue last month (Jan 2025) as much as 27% over Jan 2024.