I underestimated utilities in my early years, so I ensure those are properly captured (electricity, gas, water and trash).

But keep in mind if your using money you cant afford to get back then buying action property might not be appropriate for your current endeavors and its better to just buy open market were you can do proper due diligence and know you have a build-able site.

Buying a property without doing the proper inspections. 3.

OOS BRRRs are the devil's juice on this forum, but if you set yourself up properly with contracts, etc., you will come out on top just take a bit longer so you need to underwrite that in mind.If the former, I would do a combination of fixed income, private lending, and note buying and trade the arb.

This requires an independent appraisal valuing the property at $400k and proper documentation from the seller confirming the $200k donation.Ensure the church is a qualified 501(c)(3) entity, and consult your tax professional to comply with IRS rules.

Maybe you’ll sleep better at night.  

A special month at night stings the top leader of a seedling and lays an egg. 

So if I understand correctly, RWN brought shady deals to their investors, watched them invest without proper due diligence and investors got screwed?

May 2025 find your homes filled with happy guests, very little vacancies, and high nightly rates.  :-)  Reflecting on 2024, what is everything thinking will change in the coming year? 

If there are newer multifamily properties near you (or properly renovated), definitely something to consider!