From my research, I know that for every 100 deals I analyze, I’ll likely send out 10 LOIs, and one of those will eventually get accepted.

The virus has impacted a fund like AHP mostly in administrative delays with foreclosing on properties and getting them converted to REO properties for resale.

For example unlike sub to, in an executory or land contract the seller stays in title which means all the risks are there for them getting liens and having those attach to the property or other typical title problems, plus having to pay closing costs and having a new higher rate when you need to eventually exercise the option.

My goal is to become a successful investor and eventually build wealth through real estate, and I’m hoping to find mentorship and guidance from those who’ve walked this path before me.If anyone has any tips, advice, or would be open to sharing their experiences, I’d love to connect!

Those areas will eventually cashflow as you pay down debt but definitely not in year 1 Thanks for the response!

It worked fine for awhile but I knew something like this would happen eventually.

Eventually, Class A property values increased to the point that even increasing rents didn't allow them to cashflow upon purchase.So, the flood of new investors switched to buying Class B properties.

It's also unlikely that you can convert a single-family home into a community center (not sure if you mean an actual community center or co-living space).

While I understand appreciation isn’t something I should necessarily bank on, but I am looking to hold for the long term and eventually relocate to the FL.

My original SFR was 1100sf and I added 2 units: an 800sf SB9 unit and a 750sf ADU (converted garage plus addition).