Looking forward to the responses and building meaningful connections. - Brian

Examine the post-rehab value (ARV) of the property to determine whether you can refinance and extract most or all of your original investment.

We DO plan to offer these marketplaces in future years, and hope to meaningfully cut down on situations like this (although you can never fully avoid them). 

I would greatly appreciate any advice and insights to better understand the local market and connect with real estate investors specialized in rental properties.I look forward to engaging in meaningful discussions, exchanging ideas, and build valuable relationships with other members.

There are great benefits to the program but also meaningful drawbacks.

Alternatively, look into renovation-specific loans like the Fannie Mae HomeStyle Renovation or FHA 203K loans as standalone products for rehab costs.FHA 203K LoanPros:Low Down Payment & Bundled Costs: This loan simplifies the process by combining the purchase and rehab costs into one mortgage.Cons:Interest Rate & Refinance Requirement: Higher interest rates and the need for refinancing could reduce your overall return on investment.Fannie Mae HomeStyle Renovation LoanPros:Bundled Costs: Like the FHA 203K, this loan combines purchase and renovation costs, simplifying the process.Cons:Interest Rate & Refinance Requirement: Similar to the FHA 203K loan, the need for refinancing to extract equity and convert to an investment property might add to your costs.I am a loan officer so I have some expertise in this area.

It matters less how many units currently owned, but how many units have been bought, held, and/or sold in one's career is meaningful as one of several measurements a prospective passive investor should use to evaluate a sponsor's experience.In this context, door count is often misused by sponsors who count deals they are invested in as an LP, or deals they raised capital for as a capital raiser where they had no operational control or responsibility. 

Health care beeing the prime example: the american for-profit health care system looks like an unbelievably rigged pyramid scheme designed to extract money from the population - this is so clear when you have the comparison to other countries.

I'm ideally looking for someone with meaningful experience and success, impeccable integrity, professionalism, who's looking for an LP to fund additional projects. 

A healthy RE investment team includes an efficient and excellent mortgage loan originator.Being dual licensed as a mortgage broker since 2003 has enabled me to identify, align and collaborate with lenders that make a meaningful difference in the investment results of clients and their portfolios.