Despite these challenges, we achieved a successful sale at $204,900.

Drafted a plan, gathered estimates, created a budget, put together DTI sheets, even got an "as-built" appraisal, and also have it in a permit status at the Local Building and safety office.Then I started to look into the construction loan and the permanent financing....to do it myself, and not through a builder.I soon realized that there are sooo many companies out there that want to try to help...but cant  (some of them were even on this network of people):  don't have builds on record, won't allow for owner-built homes, my credit is less than 680, while carrying the construction loan, there may be a point at the end where because i have my rental house while building that it become hard to pay, and  I can't pull out a private loan to help start process because my credit cards balances are horrible...and my "business" has no show of income.So, now we are here in the present time....   

Me and my spouse wanted to briefly introduce ourselves, our company, and share our ambitions with the BP community with hopes of learning more about how to achieve our short term and long term goals as well as build lasting connections that help and assist others in achieving theirs! 

In order to scale one needs multiple properties so they can achieve economies of scale through service providers.

Low-cost index funds are a great way to achieve broad market exposure with minimal effort.

I considered taking the negative one one and allowing another existing property profit “balance out” the cash flow, but that feels like a bad move and would be better to sell  My ultimate goal is to build cash flow for FI, which I need more to do. 

By doing so, you could redirect the funds currently spent on rent towards acquiring assets that have the potential to generate long-term wealth through appreciation and other investment returns.When considering partnering with a turnkey company, ensuring their reliability and alignment with your investment objectives is crucial.Regarding financial advisors, seeking recommendations from trusted sources can help you find professionals with expertise in real estate investments who can assist you in making informed decisions that support your financial objectives.In summary, prioritizing the acquisition of income-generating assets can play a vital role in building wealth and achieving financial security over the long term. 

My goal is to achieve financial independence through strategic property acquisitions and management.

We put down 20% and have a 30 year fixed rate loan for the balance.

If there is no mortgage balance you can try a seller financed solution..if there is a balance, it is possibly assumable?