Hey Mike, I know it has been multiple years since your post.

Ideally, this would be just one step in a larger plan to grow into multiple rental units over time.

This would be running multiple proformas based on each scenario.

Ask your bartender or server for their information when you go out for the game on Sunday.

In fact, some of the best opportunities in real estate come from properties that others overlook—distressed homes with potential that just need the right investor to bring them back to life.If you’ve been in the game long enough, you know that distressed properties can offer huge upside, but they also come with their own set of challenges.

This is why blending different sources of equity within a project that has multiple phases of development can be a more challenging capital raise.Separately, from a GP standpoint, if you can take down the entitlements without LP capital, you stand to negotiate better terms.

Take the effort to solicit contractor recommendations from multiple people.

I work for a building materials company now and took their online game from Zero to very engaged in the past few years and it's been really fun.

.🔹 Example in Action:Rental income: $9,000PITI: $9,500 → DSCR <1 (not qualifying)Using $63,000 in assets → Adds $1,045 in incomeNew DSCR >1 → Higher LTV (80% instead of 75%)🔹 Why This Matters:✅ Helps investors qualify for better financing✅ Increases borrowing power and flexibility✅ Allows you to scale your portfolio fasterUnderstanding financing tools like this can be a game-changer for investors looking to maximize opportunities.

Because instead of collecting one rent check per month, you’re collecting multiple payments from different tenants.