Here are the key numbers:Potential purchase price: Mid-$400k rangeAppraised value: Estimated at ~$500kRehabbed comparable properties (comps): ~$580-600kMonthly PITI (with 5% down, including mortgage insurance): ~$3400First-year PITI (with 2-1 buydown): ~$2900Monthly income (after taxes): ~4-5kLiving expenses (utilities, groceries, etc.): ~$1600Savings available: ~15-20% of the purchase priceCash to close: ~$34kRehab estimate: ~$34kRemaining reserves: ~$20-25kTo fully fund the rehab, I’d need to come up with an additional ~$15k in the short term, which I anticipate paying back quickly once the rental portion is generating income.

It works I agree - the key is finding the right person to do it.

The key is finding a great deal and being relentless in securing the right financing for it.

Remember, patience and diligence are key as you navigate through the dynamic landscape of real estate.

We are just starting to research and plan for a move out to the southeast somewhere, still in early planning phase. 

How do you do a key exchange? 

These small, inexpensive touches create a memorable and seamless guest experience.The key is to design with intention.

Some of our clients have opted to pay capital gains tax on a portion of the proceeds and use that money for the renovation.There are two key dates for completing the 1031 process: the identification period end date and the maximum close date, as illustrated below.

All 3 duplexes were turn key?

@Merrick Hidalgo If your private REIT investment is returning only 10% of the principal and the remaining 90% is likely lost, the key factor in claiming a capital loss is when the loss is realized for tax purposes.