For example, if the loan officer asks you what your monthly payments are and your mother-in-law moved in with you because she is struggling financially and you are paying her car payment, don't share that you are paying her car payment every month.

How would you approach this situation to keep scaling while staying financially stable?

I would think a lot more about the financial part of this.

It’s a great way to add value to a property without putting a ton of money upfront, and it can set you up for financial success in the long run.Has anyone else done a similar renovation project or used a gift of equity in their deals?

I just thought it was a little fad for nerds at the time.I'm not prognosticating a particular price, I'm hedging against the entire financial market.

Hopefully, you find it helpful and qualifies us to assist you with your goals:)---------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

I would think in most situations the original owner is in financial trouble, probably delinquent on their mortgage and facing foreclosure.

It is a ton of information but if you take action on all of it you will grow your business. 

Let’s make 2025 a year of action and success!

Also talking with a financial advisor can give some insights.