The area’s charm is becoming widely known, and now is the perfect time to invest.Challenges to Consider1.

That makes perfect sense.

Your intention is perfectly fine.

Apparently they handle all property repairs and maintenance independently and have maintained a perfect payment history, even throughout the pandemic.Lease Option Agreement:Effective Date: November 1, 2022Terms:Purchase Price: $165,000Non-Refundable Down Payment: $10,000Lease Term: 3 years (ends October 31, 2025)Final Payment: $158,000 balance due upon term completionMonthly Payment: $1,150 (no rent credits)I didn't see this to be a deal because if in a the best case scenario my $25000 would walk away with 2400 which is about a 9% ROI.

My first flip was a HUD foreclosure with no money down—far from perfect, but I learned a ton about budgeting and contractors.

Your construction background is a huge asset—it’s a perfect match for real estate investing.

There is no perfect software out there.

You see a lot of terminations after home inspections because they are terrified about repairs and basically expect an almost perfect inspection report (on a 60-100 year old home..), easily get cold feet, battle financing issues or sometimes just ghost you at closing.Selling a home to a tenant is probably the better path (lease option), but you really have to work with them every month and coach them to get them ready to buy the home, otherwise, 70% will not execute. 

I want it to be perfect as I have been yearning for this moment for over a decade.cheers yall!

Ultimately, I realized that trying to wait for a perfect moment feels a lot like attempting to time the stock market or predict a real estate bubble.There may be advantages to waiting and seeing how the election affects market policies, but it's hard to predict when those policies will take effect or how they’ll impact the market.