The longest terms our plans provide to pay back the money is 5 years and the payments get made automatically through payroll deduction. 

In 2025 I plan on purchasing my first home.

Initially, our plan was to fix the drywall leaks, clean out the property, and relist it for a small profit.

It cash flows without the utilities split but I am planning to hold onto for a long time so splitting the utilities seems to make sense.

And don’t underestimate the power of direct outreach; some sellers may be more flexible if you present a clear, structured plan for partnership or financing.

Initially, our plan was to fix the drywall leaks, clean out the property, and relist it for a small profit.

I’ve developed a Comprehensive Investor Report (CIR) for a property in Palm Coast, FL, designed to be transformed into a luxury rental asset while serving as the foundation for a scalable asset management strategy.Here’s a quick snapshot of the deal:Property: Red Birch Lane, Palm Coast, FLCurrent Value: $350,000+Mortgage Balance: $165,000Current Equity: $185,000Investment Required: $177,500 (for luxury upgrades and optimization)Projected Monthly Rent: $4,500 with 2% annual increasesTarget ROI: Full 1.5x ROI for investors achieved in 9 yearsLuxury Features: Smart home automation, designer finishes, professional-grade kitchen appliances, and more.I’ve also structured a capital distribution plan with a waterfall approach:8% Preferred Return for investors.Full Return of Capital to investors before profit splits.Post-ROI, a 20/80 split (Investor/Management) ensures long-term alignment.

Projected sale: 950-990k Replacement property budget: 990k - 1.1M Plan: rent out the replacement home until meeting the requirements, then move into it while renting out a portion of the home via short-term rental 

I know I can get an insurance plan, but is it worth the headache?

@Jordan Kaylor   Would your plan be to buy properties that needed work to force appreciation?