Understanding how to uncover the potential opportunities by solving the seller/owners problem then engineering them to profit takes time & skill. 

Unless all these major flaws happened between 2018 and today (in other words, if the tenant did not install the knob and tube wiring end damaged the foundation etc), they sold Mr Lau a property in horrible, horrible condition.

•It could uncover opportunities and trends we might be missing.I’m here not just to share but to spark a conversation.

Every system you try will have flaws or you'll salivate over a feature that shows up in other software.

But, it seems I have found a flaw in mystrategy.

Oh, some of our sources THINK they’ve located those deals, but closer examination either uncovers higher risk, undisclosed negative information, or outright fraud.  

Renovations can uncover unexpected issues, so having an extra 10-20% of your estimated budget set aside can help you manage unforeseen costs.Start Small: If it's your first time budgeting for a big renovation, consider tackling the project in phases.

You had an inspection that should have uncovered the aging shingles. 

Estimated Market Value: $290,000 to $330,000One of the most satisfying aspects of this investment is that the duplex is now operating at break-even, and we managed to secure it at a 10% discount below market value, showcasing the value of strong relationships and strategic decision-making in real estate investing.This deal exemplifies the importance of being adaptable to market conditions and leveraging existing networks to uncover hidden gems in the real estate landscape.

I think assuming growth is linear is also a fundamental flaw in valuation.