Purchase price: $138,000 Just closed on a rental property and actually got paid $5K to buy it!

So for example your rent is $1000 per month and they told you on Feb 21 they wouldn't be moving in that day.

All residential zones now allow multifamily and townhouse residences by-right.Zoning District Consolidation: Former "Residence A-1, A-2, B, and C" districts have been reclassified under "Residence C-1," which permits multifamily housing.Increased Housing Density: The amendment removes minimum lot area requirements, minimum lot area per dwelling unit, and lot width restrictions, allowing for denser residential development.Reduced Yard Setback Requirements: The minimum required setbacks (front, side, and rear yards) for residential properties have been reduced, allowing for more buildable area on lots.Elimination of Parking Requirements: The amendment removes all minimum parking requirements, reducing the obligation for single-family homeowners to provide off-street parking.Subdivision Flexibility: The definition of "subdivided lot" has been updated, making it easier for homeowners to subdivide their land for townhouse or multifamily development.Height and Floor Area Ratio (FAR) Changes: Floor area ratio (FAR) limitations for residential properties have been removed, and height limits have been increased to permit:Up to four stories in Residence C-1 districts.Up to six stories for inclusionary housing projects on larger lots.Anyone who's familiar with Cambridge knows that this is one of the most prestigious, elite, expensive, restrictive areas in the whole state, and for zoning of this magnitude to be passed is truly historic.

It's good to keep reserves on hand.

I have been seeing 12-13% routinely on seller financed owner occupied 1st lien position. 

Even if they are not elderly or disabled, the court can grant them some time to move (or actually you can grant it as part of the court agreement)Everyone is having a hard time trying to find something affordable.Bottom line, give the proper WRITTEN notice asap to get the ball rolling.

I plan to utilize some cash, margin loan, 401k loan, and a HELOC as a down payment.My first house hack (now an out of state investment) has a Zestimate of $530K, and I have $266K left on the loan.

Our primary goal is to retain as much equity in our properties as possible while leveraging outside capital to scale faster.Proposed Investment Structure:Investors contribute 30% of the purchase price and 30% of furnishing/rehab costs.Our LLC secures a new purchase loan in its name only, taking on 100% of the debt.This structure allows us to maintain 70% ownership of the property.Properties will be actively managed to maximize returns, likely achieving higher upside than long-term rentals.Proposed Compensation for Investors:6% preferred return annually.After the preferred return is met, profits are split 75/25 (with investors receiving 75% of profits on their portion of ownership).Profit Calculation:Revenue – Operating ExpensesExcludes mortgage principal & interest, as our LLC assumes full responsibility for the loan.Looking for Feedback:Is this structure fair and attractive to investors while ensuring long-term alignment? 

Here are some of the factors to consider on flip or wholesale:1.

Quote from @Trevor Halama: Hello all, First post on the forum.