These squatters don’t deserve my sympathy at all—one non-paying tenant even drives a BMW SUV and has never paid a dime!

I don’t know this sponsor but see what happened with others who have a shiny high pref (see norada and drive planning)

Other risks, the contractor walking off the job, a storm hitting and delaying the project for weeks, someone breaking into the home and stealing stuff (which happened just the other day to a client of mine), a squatter, or drunk driver driving into the house (happened a lot at my old job as a firefighter lol).

Class D is mostly rentals (another tip to look at owner occupied stats and/or if the neighborhood is identified for revitalization), the tenants are outside smoking, they are talking to neighbors and solicitors, it is a completely different vibe that is pretty noticeable just driving through.

Drive around and called the realtor How did you finance this deal?

Or $30,000+ by EOY 2025.If you don't like Bartending, how about being a waiter, busboy, driving for uber, or some other side gig? 

Drive around and called the realtor How did you finance this deal?

Keep in mind, while the projected performance is very important it should not be the single driving factor in your decision.

As i was driving through the neighborhood scoping the area out i noticed a new shiny fire department.

Drive around and called the realtor How did you finance this deal?