However, much older, and you'll be looking at many structural renovations in the future.

The HML covered 100% of the $32,500 rehab budget through drawbacks.Refinance: Post-rehab, I refinanced into a primary mortgage, creating 25.5% equity in the property.Future Financing: I plan to leverage the property with a HELOC to access up to $86,000 in capital for future deals.

A new future real estate agent and real estate investor here!

He can make more money in the future.

How a company then handles those situations will define how they do in the future..

It’s also helpful to build a small network of trusted vendors and tradespeople you can rely on for future projects.The BRRRR strategy can be a great way to scale, but I’d advise budgeting some extra cushion for unexpected costs or delays—it’s almost inevitable.

@Michael Keffer Hi Mike, I am still interested in learning more about Ocala FL for potential future investment. 

We explained why we decided not to sponsor the deal, how you could approach the situation better next time, and what you need to have prepared when you approaching other sponsors in the future.

Stay focused and close on the property, do not let an out of the blue crime destroy a future REI and cash flow. 

You don't know for sure exactly what their occupancy rates are but you can certainly get a feel for it by seeing what future dates are open.