It's been around for many years at this point and it has certainly helped many people.Now, as far as profitability - there are THOUSANDS of businesses that don't show a profit. 

They offer some great oregon-specific forms that can help you stay compliant and organized.

Hey Devin, They can definitely be overwhelming, but they’re crucial for making informed decisions in real estate.As a hard money lender, I often focus on a few key metrics when analyzing deals:ROI (Return on Investment): This is fundamental for assessing the overall profitability of a deal.

Meanwhile, I'll be over here running a profiting business.

We use Rent Redi for our long terms for tenant screening and rent collection - love it For book keeping we use intuit quickbooks. allows us to organize by property for expenses and income.

Unless you're paying cash, your monthly motgage payments are going to be so high that it will take a big hit on your Profit and ROI, right?

Feel free to inquire about their staff qualifications if it's a larger organization.2.

Break even is certainly possible and I think it will become more profitable soon as more inventory stays on the market longer and interest rates come down.

Personally, I don't like condos- HOAs and surprise special assessments can eat up any potential profits and in most states, they can just change the rules when they want to and decide that LTRs or STRs are no longer allowed. 

Go conservative ) - Holding Costs (loan payment, utilities, insurance, etc) - Rehab Costs (you will have a good handle on this) - Closing Costs (you will pay closing costs on both purchase and sale of home)  - Profit (minimum you would want to take on the risk.