What's the one investment strategy you wish you'd known when you first started in real estate, and how has it shaped your journey?

Quote from @Treza Edwards: I would be looking at this as a market-dependent change.

Things that jump out to me are unpermitted changes so make sure everything is on the up and up.

If you're pulling a permit already for plumbing changes, just get the permit for the room conversions at the same time.

All changes MUST be in writing.

@Chad KoenigSo, undoubtedly, you have realized it is the frequency of the {pre}payments that is significant and the HELoC is not actually necessary.

Can the zoning change after the fact? 

Here's why:The Multi-State Chess Game:• Client had properties in 3 states• Each state has different deadlines to assess taxes• Federal changes trigger automatic state assessments• Timing the response saved $45K in state taxes🏠 Real Estate Investor Pro Tip:States can't assess back taxes if their statute of limitations expires before federal changes finalize.

Comps do not lie, if she pulled similar ones then that's what it is but if the agent did not take into account the bedroom and lot size that would change the value.

You can legally change or cancel a contract if all parties agree.