We have 11 properties under mgmt with them, all built by their preferred builder. 

The plumber removed the debri built up in the sink, which could've help cause the water overflow.But THIS is when things get interesting. 

There’s a big difference between an area that attracts stable tenants and one where you’ll be chasing rent every month.Personally, I’ve built a 12-door portfolio here, and it’s been a mix of cash flow and appreciation.

Given your experience with RV parks and MHPs, you already have a strong foundation for managing mixed-income streams, which will be valuable here. 

They will do a slap dash job on a house that still has a bad roof and foundation in a neighborhood that will see zero appreciation. 

Yes, I use the free built in Vrbo dynamic pricing and really like it. 

It’s like a built in test. 

Your top-notch experiences and resume will provide you with a strong foundation in real estate investing. 

@Guillermo PerezPositives:- Equity Built: You now have $70K in equity, which is a solid result for your first deal.Cash Flow Potential: If the property rents well and covers your debt service while providing some cash flow, that’s a win.- Experience: You’ve successfully navigated a purchase, rehab, and refinance, which are the core components of BRRRR.Considerations: - Budget Overrun: Being $27K over budget highlights the importance of tighter cost estimates and contingencies.

For example, in California, we have earthquake and foundational issues.