But as I discovered, has no real significance to the apartment game, except for the ability to market and raise money.

The other component here is understanding the bank's business as well.

This requires the right renovation components and speedy make-ready after a tenant departs.

Yes there can be an investment component, but it must be your primary residence as well.

We discovered that there were a ton of exposed and illegally spliced wires in the attic under the blown in insulation and had to remove it all to find all the wiring.

If you prefer to stay local and build equity, house hacking a duplex or triplex in Fort Lauderdale could work, especially if you can add an STR component to boost income.

Likely the reason it cash flows on paper is due to a very large construction component that you might be underestimating.

Strong dollar means higher component costs.3.  

While algorithms can analyze data at scale, real estate isn’t just about numbers—it’s about nuances and the most important component of real estate is understanding its value, and that to me (maybe I am old school) but can only be done by physically visiting and walking the property.So for me, factors like local market conditions, property inspections, and borrower credibility can’t be fully captured in a formula.

Now, the VA Construction loan is something I discovered recently.