In the meantime are you taking advantage of the currently available 100% bonus depreciation?

Some mocked up info on the property, located at 5 Arnold ave in Somerville MA Top floor, renovated, open concept Off-Street Parking Private rear deck overlooking large shared yard Private laundry and storage in basement (half of basement) Low condo fee: $120Deep condo reserves and 100% owner occupied (financing is easy) Very bright and sunny unitGreat sized bedroom with bonus office/sunroom Open concept with well-defined spaces for living, kitchen, diningCertified Deleaded (no worries if you have a kid someday) Have folks done FSBO before?

Is there anything stopping me from hiring a personal part time manager to basically just take the calls, contact my subs, and turn the unit over for say a flat fee each month with bonuses for every lease renewal(to incentivize keeping tenants happy)?

Maybe the wholesaler would divide the closing expenses he would have had to pay for the second closing between you and the seller--then everyone gets a successful transaction and a little bonus.

Fee should be set, and have bonus/penalty days. 3 weeks over?

The cash flow is it produces in certain areas is unbelievable and the way the area is appreciating is an added bonus.

Take your next bonus or raise and start banking it.

I'm looking at my first small scale development in the city of Charlotte. The most promising area is on Parkwood Avenue. It's in the middle of a triangle between Noda, Plaza Midwood, and center city. Rent's have climb...

You could then trade hustle for capital by doing most/all of the work yourself to add some "Sweat equity", and as an added bonus you will get hands on experience.

Hi @Blake King, awesome you've got these "bonus" funds and are scheming.