Covid mortgage workout programs are still in effect and not sunsetting until April 2025, unless they extend...again.

Did you use a calculator or spreadsheet, or did you simply work out the math like rental income minus PITI, 8% for CapEx, 8% for vacancy, and 5% for repairs?

Right team, right attitude, right maintenance can make some tough assets work out.

These additional costs and formalities can be very substantial and time intensive.

.- Consider consulting with a real estate agent or property manager to get a better sense of the rental potential.If you're not in immediate need of the cash, renting could be a good option, especially if the numbers work out.

Many times, they use phrases, and such that seem to be above their pay grade, but they use them to make themselves look smarter in my opinion.For example, one of the latest ones I remember is we had a property for sale and the guy that was tire kicking and looking to see what kind of deal he could work out ask the question “when do we want to close escrow?” 

Hey @Dan DeGroffBuying as an investment property with a 0.75-1.0% higher interest rate and needing to put a minimum of 20% down (its actually 15% but the rates are so much worse at 15% that its not really an suitable option) when the home would actually be your primary residence is brutal.Partership are a bad idea 80-90% of the time, but could work out in some scenarios.

If you're doing it project by project, I've found that they can work out.

Seems to work out great for me.

I’ve seen buyers in situations like this secure terms for primary residence use compared to investors.. so it might actually work out in your favor if your buyer wants to live in the home.Funny enough, a friend of mine ran into a similar situation in Austin last year.