I don't think your first property needs to be perfect, but doing the work in advance gives you the possibility of refi (in a good rate environment) or more equity on a HELOC.

These are the best options for finding sellers willing to transact in today's market at cap rates that make sense to the current interest rate environment, in order to capitalize on the upcoming favorable market conditions over the next few years such as spiking rent growth, falling vacancy, and compressing cap rates.Interest Rate ProjectionsLooking at the Federal Reserves Dot Plot, which is released every quarter and is the federal reserves outlook on where they believe the Fed Funds Rate, which does not control fixed-rate financing but does influence it, as well as directly affects floating rate financing, is predicted to be 3% - 3.25% by Year End 2027 (Source), currently sitting at 4.25% - 4.5% today.

utm_source=chatgpt.com))Regulatory Environment: Navigating local housing regulations and zoning laws remains a critical factor for co-living operators, influencing the scalability and adaptability of their models across different cities.ConclusionBetween 2020 and 2025, the co-living industry in the United States has experienced notable growth, driven by shifting demographics, urbanization, and a growing preference for flexible living arrangements.

Quote from @Jaren Taylor: Quote from @Stuart Udis: Depending on the transaction sizes you are pursuing, raising money to purchase property without debt requires either an incredible network of relationships or devoting a lot of time and effort to raising money.

This is an absolutely incredible community. 

Reflecting on the past year, I’m incredibly thankful for the opportunities I’ve had and excited for the journey ahead. 

Congratulations on the duplex -My investor clients have acquired several multi-family investment properties locally in the market I operate in Northwest Indiana - Figure out your personal investment objective for the next 4 years and align yourself with the next property that make sense in this current market environment-

This group is an incredible collection of midterm rental hosts who support one another by offering advice and suggestions, being a sounding board for each other, offering mentorship and collaboration opportunities and share our respective networks.

Any insights, connections, or resources from experienced investors would be incredibly helpful!

It’s incredible what you can accomplish when you focus on creating value and solving problems in real estate.