I'd be interested in hearing from condo investors about why this real estate product makes sense even with the low COC returns and HOA fees that cannot be influenced?

The property was leased for $2,150 per month.Refinance and Return on InvestmentAfter a stabilization period of 6 months, the property was refinanced to leverage the increased value created through renovations.

I say calculated because we are still within our first year of operations so I wouldn't be able to tell you what the actual average stabilized returns are until I have enough data.  

Defense contractors gobbling up hundreds of billions of dollars in federal contracts while making civilian aircraft that falls off the skies, because they want to cut corners and squeeze every penny they can out of production?

Prioritize your financial stability.

My goal is to stabilize, refinance within 3-5 years, and offer strong returns to lenders.Your point about targeting SDIRA investors and high earners is interesting—how do you typically find and connect with these types of lenders?

This tactic is unlikely to be productive when there is a large delta in rate.

Prioritize your financial stability.

This gives you financial stability during your transition.

Renting out one side can help offset your mortgage, which is a huge advantage while you're building financial stability.