With DSTs you need to make sure that the various fees don’t negate your profits.

Should I buy it and take  500-600 less profit per month knowing I can sell it for a large profit as is or even more if completely remodeled?

The first year we spent $45,000 on the program, and our deal flow doubled with our net profit up 70 + %.  

But tuned out to be a pretty nice profit deal for us about 650 to 700k net in less than a year.the lady got her home back free and clear and I told her do not Borrow against it ever again her kids had forced her into last time and of course took the money themselves.

If both houses were sold in 2024 then the loss will negate the profit from my understanding.

Sometimes making a smaller profit and providing value is far better than holding out for a bigger payday on a bad deal, I like that.

83k profit Lessons learned?

Wade executed the very first “non-profit only” government non-performing note trade with HUD.

But that also depends on your down payment- putting only around 20-25% down is hard to have a profitable STVR.Ultimately with STR v LTR, I'd be mainly curious about your intended use of the property. 

Our recent fund was a preferred return plus a split on profit after expenses.