I’ve seen that in my W-2 job, so it makes sense that the same value is applicable in real estate.

Depends on if you have panels, crazy layouts, etc.

The first rate cut is now projected for mid-2024, but this could change depending on inflation trends and labor market conditions.

Hey David, the best metrics depend on your investment goals, risk tolerance, and market conditions.

In some areas, I find that the information is exaggerated (applicant lied) to make their application look betterHere's how I use them:  A lot of times, the applicant will self report information that disqualifies them. 

Now the decision between option 2 or 3 depends on a few variables.

Cash flow is crucial, especially if you depend on it for your monthly income.Selling the property for $170k, which is above its market value of $120k, might seem like a good deal initially.

depending on how backed up the county is it can e take a few months for court date. in essex county it took my mother in law about 8 months or so for the full process. she had an attorney, not sure if that sped anything up

However, I haven't had a single application submitted for over two weeks.

If you building 2 , again depending on your lot size and projected finishes.