The fees and overall costs of these loans needs to be a key factor including what if the project goes over time . . . . you can be underwater in no time.Underestimating repair costs and overestimating ARVs based on Zestimates are the next stumbling block.There's money to be made but make sure numbers all work WITH contingencies defined and overages expected . . . remember, a project will always cost more and take longer than initially thought!

Quote from @Jordan Ray: Quote from @Chris Seveney: We have some leads on assets in the humboldt / jackson area in tennessee and looking to connect with investors in the area.I know one of the biggest investors in the area, his name is Dustin Ring.

No labor + materials.  

No problem, you'll really want to know since I ran into a couple of big ones.   

What amenities have made the biggest impact on your bookings?

The biggest hurdle I see with arbitrage is developing a pitch to use when approaching landlords, which you can probably do with a little research on BP and ChatGPT.

I had seen the property listing alfready on redfin and wanted to buy it but had no cash!

Vacancy is the biggest killer of profitable rentals.You’ll never be able to get it rented if it’s not listed.

It means a lot that you took the time to explore our journey and the work we’re doing at Elevate.To answer your question, the biggest game-changer for us early on was strategic networking.

If you have purchased an out of state investment property, what were your biggest lessons learned and were there any surprises during the process?