Once you lock in a strategy, don’t overthink it—overanalyzing is every investor’s worst enemy.

So, they just stayed vacant.Income reliability is another major issue.

By the way, Phoenix’s rental market has been on fire lately, with a mix of strong appreciation and reliable tenant demand.

Still, I managed to lock it in for $145,000 by emphasizing how much TLC (and cash) it needed to bring it back to life.

You'll need documentation of the cost to replace, hopefully, pictures from your cleaning team before their arrival, an owner's closet with lock for supplies, and limit the number of supplies you provide to a determined number.

Unless you're locking up 10 acres in a large metro where a DR Horton or KB homes might come in, thats a little less localized.

We came to an arrangement where any sale price over $1 million, minus construction costs, would result in a profit-sharing opportunity.I’m currently trying to determine the After Repair Value (ARV) for the property but am having difficulty finding reliable comparables.

If you're seeking a reliable income stream, you should definitely consider Cleveland.

That’s half the cost of Prime’s reduced rate.2nd, like everyone is saying, the cost of setting up and LLC is less than $100… closer to $50… if you just do it yourself through the state (not complicated).3rd, if you want someone to help you draft your operating agreement, hire a local real estate attorney and it will be significantly cheaper than $1660… probably cheaper than $550.4th, if you want someone to do your taxes and help you get your max deductions - talk to a CPA who specializes in real estate and they can review your operating agreement to see if you’re setting yourself up properly, and they can do your regular taxes… and be cheaper than Prime. 5th, a separate CPA can work with you regularly to review your investments and strategies to determine good tax strategies as you look to execute any deals. 6th - don’t lock yourself into a crazy subscription model before you start making money!!!

I locked last week at 6.385%, 75% LTV, 2 year PP, 2 pts on a DSCR.