While this can maximize leverage and ROI, challenges include getting lender approval for seller financing, high carrying costs, and the pressure of short-term loans.

Quote from @Peter Tverdov: Think at least for the text standpoint it is challenging in this market now where I know personally 3 people that have been in lawsuits with one ringing in at $500,000 for cold text messages to people that did not want to be marketed to, so to @Jonathan Greene point on that for sure.I think that cold calling is a true skill that really no one (or 1%) will end up doing, and I 100% agree that VAs do not do it right..

the midwest has lower price points than other areas of the US, sure, but it also comes with its own challenges - for example, very old housing stock, lots of deferred maintenance, and tremendous demand for the best properties."

Challenges?

@Matt RollinsSince your goal is to replace your W2 income through real estate within 10 years, starting with a house hack is a smart move, but Utah’s high prices may make it challenging to cash flow.

With a Condo, couple things to note:1) Financing can be a challenge, but as long as the building is in good condition, you should be fine.

However, some of the best cash-flowing markets on paper can also come with the biggest management challenges.

Challenges?

I’d challenge you to go approach any sponsor and and ask them what percent of the deal they’d take.

Challenges?