We recommend that you plan at least a 3 hour window for closing in case there are any unforeseen delays.

Double Closing Strategy:A-B and B-C Transactions:Develop a network of reliable buyers (A-B).Establish relationships with end buyers (B-C).Ensure smooth coordination between both transactions for seamless closings.Risk Mitigation:Implement risk mitigation strategies to address potential challenges in double closings.Have contingency plans in place to handle unforeseen issues.8.

That said, maybe I should just get more clear with them that we have a certain expectation across the portfolio for net return and it's their job to make this happen (barring truly unforeseen circumstances) - take something like the 50% rule and make that their KPI.

The idea was to use HML with some PML to be able to find more deals and to not drain all liquidity and have additional funds available for the unforeseen circumstances that could happen during rehab. 

By leveraging, you leave additional reserves for you to utilize in the case that something unforeseen happens. 

I know that as real estate investors, we find it hard to have cash just "sitting" there when it could be deployed to another deal, but think about how much financial damage your 10-year plan would take by an unforeseen emergency like getting laid off or a lawsuit from one of your renters. 

Hi Matt,The only place I've had an "awesome experience" was the Wynn Hotel in Las Vegas when it first opened.With Real Estate people, I've found just smooth water (gets the job done), and avoid those who sink.A crew who demos your kitchen and puts in new cabinets...I don't see how this can be awesome..Cabinets are either on time and on budget or not.IMO (seminar slang meets reality).Maybe instead be careful to avoid "those who are troublesome".You want people who can "do their job" with a minimal about of PITA to you, and follow through and "Get er' done" on time and on budget.Sir it will be $500 to demo that kitchen, then they come back 1/4 of the way through and say due to unforeseen circumstances me and the crew will be missing for 10 days and not return your calls<<--is something you would want to avoid.

Hi Gabriel - I'm not interesting in buying...in fact I've listed both of my rentals in Evansville for sale due to some unforeseen circumstances on my end. 

Due to unforeseen circumstances I have to move to Ohio.

That said, I am drafting an operating agreement which will tackle items such as future sale, major decisions, split of rental income/proceeds, funding of unforeseen costs, etc.