The key is finding a great deal and being relentless in securing the right financing for it.

Partnering with investors, attending local meetups, and building a strong network would be key steps.

@Mario Morales - As some others have said I think the strategy is sound, but the key would be to find a distressed property that you can drive up the value with renovations so that the new value is 25% higher than the purchase price so you pay back your HELOC.

Compare that to Tierrasanta, where market values hover around $3.01 million for a similar project, and it’s clear that location is key to making SB-9 projects profitable.Agents, this is where you can shine.

Staying updated and having a good insurance broker is now a key part of your core five (4+1).

If it’s an older property or has deferred maintenance, you might want to lean toward the higher end.When it comes to CapEx (capital expenditures), planning for major replacements like roofs, HVAC systems, and appliances is key.

I currently work with investors in a few markets in TX and outside of TX on creating a turn-key portfolio and helping them manage on the back end. 

Your response really helped me understand the key aspects of short sales, especially regarding title issues, lender valuation, and inspections.I truly appreciate you taking the time to share your expertise!

The key takeaway: knowing when to rehab and when to resell as-is is crucial for maximizing returns.

The key with any partnership is well defined entrance and exit rules.