You want to make sure that each step you take is correct and well founded to ensure the best resolution possible for yourself.

The right structure ensures a smooth, win-win partnership!

That is a big move, and I wish you all the best @Maxwell Silva on your journey.In terms of a BIO, I would absolutely use your experience in the healthcare field as no doubt you probably contain the following skills:Patience - Working at the level the client requires (whether first time home buyer or experienced investor)Detail Oriented - Ensuring that every important detail is accounted forPeople Person - Putting the needs of others firstGood team player - Good at coordinating and working with a team (title co, lender, other Realtors, etc)Dedicated - Committed to meeting deadlines, and helping people accomplish their RE goalsThese should get you started. 

The project was budget-conscious but impactful, ensuring the unit is ready for future renters.Reflecting on 2024: Wins, Challenges, and Lessons LearnedLooking back, my first year as a landlord was a crash course in property management.

But after an exchange - sign the purchase documents with one pen and pick up another pen to sign the refi docs :)Another strategy you could consider is reinvesting into multiple properties, where you purchase the first property cash (ensures some security and concentrates the equity) and the second property with a mortgage.

They somehow think that for $197, or $1970, or $19700, they’ve somehow acquired some methodology, strategy, knowledge or “the secret sauce” that will ensure their investing or business success, and that the experienced, knowledgeable, and successful real estate investors who point out the obvious faults “just don’t get it”.  

Those details can ensure your projected $25K profit stays on track. 

That said, complying with local ordinances and ensuring the lot isn’t in a restricted area will be key.

Our seamless financing approach ensured a swift transaction, facilitating a same-day resale and maximizing profit potential.

For a $1,500 SD, they would most likely ensure an amount close to $2,700.From my perspective, we should never move in a tenant who cannot afford their security deposit.