@Tayvion Payton to get a better understanding of the loan products, it's best to have a conversation with a commercial loan officer at a local community bank or credit union.On commercial, the number one rule is a deal meeting their DSCR loan covenant, which is typically 1.2 to 1.25. 

We use a conversational AI and appointment setting platform in follow up, outbound, and after hours lead intake.

Before you build a pipeline you have to get your experience in sales conversion and knowing how to find the right product for any client you may encounter. 

We're talking about conversion of promissory notes without notifying the signatories that the notes are convertible.

I would recommend having a conversation with your tenants and letting them know of your interest in selling the property to gauge their interest in terminating their lease early - or if you have a termination clause, invoke it. 

I'd join a REIA and find someone doing what you want to do and pay to take them to lunch for a conversation.  

Learn from your family and on your own by going to different meet-ups and having conversations with agents, other investors and anyone else in the industry to hear about their experiences.Make 2025 a year of planning and how you will go about that plan. 

The land is currently owned by my cousin so the conversation to purchase will need to be dealt with care.  

It couldn't hurt to call a couple attorneys right away to see what they say in terms of cost and suggestions for dealing with this quickly.In terms of mitigating any legal issues with your tenant be sure you are documenting every conversation you have had with the HOA in terms of asking them to make the necessary repairs.

Conversely, if new houses are being built frequently, older properties may struggle to maintain their value.Property taxes also play a significant role.