If you’re financing, you may need a construction loan or some creative structuring to get this across the finish line.4️⃣ Vacancy Timing – Since you’re using BRRRR, minimizing holding costs is key.

The key with any partnership is well defined entrance and exit rules. 

Hitting these targets could be the key to unlocking lasting investment returns.Before diving in, developers need to complete pre-submittal steps, including issuing a "Notice of Intent."

The ability to clearly show that transactions are conducted in a way that proves the separation of business entities is key. 

If the price was right on Turn-key maybe, but probably more of the fixer-upper that can be leveraged later on for additional property or sold for a nice profit. 

@Mario Morales - As some others have said I think the strategy is sound, but the key would be to find a distressed property that you can drive up the value with renovations so that the new value is 25% higher than the purchase price so you pay back your HELOC.

Are you open to considering turn-key properties? 

Communication is key, especially as information is passed back and forth and time is of the essence in these matters. 

Looking at SF, turn-key properties that I can rent. 

I also suggest introducing yourself to the host and setting up a Zoom or coffee - there is zero doubt they will be a great source of information for you.What are some of your very specific goals for 2025?