I’ve been in this space for a long time, coaching and investing, and I love helping people get started.

Purchased for $139,999 using a mix of cash and hard money, we revamped it with modern updates, including a new kitchen, flooring, and fresh paint.The property rented for three years, generating steady cash flow of $450/month.

I wanted to get my feet wet in the commercial space as I look to grow my portfolio and negate risk with more units.

Most current foreclosure starts today, do not end up going to saleWhile not an exact correlation, housing foreclosures vs foreclosures starts, the few foreclosures that complete under the present circumstances, makes it very slim pickings in the foreclosure space. 

The exterior got a fresh coat of paint, and I added modern fixtures inside to attract buyers.

Purchase price: $2,800,000 Cash invested: $560,000 The property is a three-story multi-family residential building with six independent units, initially facing significant challenges due to poor conditions.Renovation Investment Summary:- **Structural Repairs:** $250,000- **Kitchen Modernization:** $100,000- **Bathroom Updates:** $50,000- **Exterior Improvements:** $100,000- **Holding Costs:** $50,000- **Property Taxes:** $30,000- **Insurance Costs:** $10,000- **Management Services:** $10,000

This is a common theme across the country with many municipalities enacting similar restrictions including where I am located in Philadelphia. 

I also use the CRMs built in email to send out 8-10k emails spaced out through a couple of days.

Its crunch space in case things go wrong.

Then later as you grow older and no longer want to share your space you can just stop renting the other bedroom.