I also got involved with a builder in Florida who has yet to produce the first of three houses they're contracted to build, which was a major hit to my available funds as well, setting me further behind.I also figured if I fell a little behind in saving (18 months instead of 12 months for example), I'd still be making progress.

As a rental, tenants will likely prioritize the location over minor inconveniences.Your strategy of betting on appreciation and eventually pulling equity makes a lot of sense in this market.

I bet this person paid less than a grand for the rights. and will want 10k from you...

During the renovation phase, adhere strictly to the scope of work and budget, conducting regular walkthroughs to monitor progress and ensure quality.As the project nears completion, prepare for sale by staging the property to highlight its best features and create buyer appeal.

I am betting you didn't put this (or the other ones) home on the market to then become the bank for someone who only has a couple thousand down and no credit instead of selling to a verified buyer, right?

Flying in monthly helps, but having a local contact (realtor, manager, or trusted partner) is key for regular updates.Use tools like progress photos, video calls, or project management apps to stay connected, and schedule visits at critical stages of the project.

Looking forward to hearing about your progress—feel free to reach out if you ever want to brainstorm or chat!

How often will you receive progress reports?

I think tracking productivity will be tough unless you have someone on site that is checking their work at the end of the day and documenting their progress. 

I think it’s a great idea for BP to add a second and third loan option on the calculator as with prices and interest rates being higher I bet a lot of people are using these options now.