We then spent around $30,000 out of pocket on renovations, including repairing the roof, upgrading the electric panel, installing new HVAC, and putting in a new kitchen.After completing the work, we refinanced with LendingOne using a 30-year fixed-rate DSCR product at around 7%, which resulted in a net cash-out of approximately $15,000.A couple of things to note:I'm out of pocket on this property for around $40,000 ($25k down, $30k rehab, minus $15k recaptured).I'm thrilled with this amount since it's far less than our "normal" 25% down strategy would require based on the higher value.The property appraised for $330,000 after the renovations.The key point for me is that this property is now netting around $800/month in cash flow.

@Greg DevlinIf you go the passive investment route, you may check out this website that has a database of Opportunity Funds:https://opportunitydb.com/funds/If you do your own project, just make sure you have proper advice and planning before you make any purchase or investment.

Am I overthinking about the procrastination of moving in/stalling? 

Prices less than that tend to require a lot more rehab budget or, are unlikely to have the proper mix of location, size, amenities, etc to have a strong ROI.If you follow @robbuilt from BP you'll see he just posted on his IG story a link to my most recent STR I launched for a client! 

Tenant is giving me the run around and will end up staying until the last day if I had to bet and sheriff will have to come to I did this eviction myself and screwed up by not properly serving tenant summons.

I wouldn't consider it risky if you properly understand how to underwrite a deal.

Installing effective software for simplified documentation is critical for organizing and managing the massive amount of data involved in the due diligence process.Physical property inspections and unit walkthroughs are equally crucial as financial due diligence.

Based on equity curve , investment is making sense after we hold it for 18 years only considering zero appreciation…However once we are pro in RE we know we can crush that number by investing properly.2024 would be like 2009, a pivot year!

Proper communication is the respectful thing to do.- You're saying you authorized a 3 month refund for me.

If at all possible, never install mini-split, install duct work.Measure, Measure, Measure.