Given current market conditions for sale and improving demographics, syndicator is planning on holding longer than anticipated.  

Strong property management and careful tenant placement also play a critical role in success here, so I recommend partnering with a turnkey company or an agent who specializes in these areas to make the process smoother.As for rental demand, homes that sit for extended periods are often the result of issues like pricing, condition, or tenant quality—not necessarily a reflection of the market as a whole.

Conditional and unconditional lien waivers prior to getting paid.Happy to chat more

you either want something in good condition where you can buy and not have to fix much, or something distressed.

Physical inspections can reveal a lot about the condition of the property.

They are month-to-month and pay below market rate.I would prefer to sell it in its current condition and estimate that a diy remodel would top out at $15k.

These can be used for things like payroll but will get trickier when talking utilities or repairs & maintenance as a lot of those have to do with how old the building is or what condition it's already in

I then look at area vacancies, economic conditions, employment opportunities, area demographics and verify that the property has not been red tagged or have any other underlying problems that might make it difficult to resell or rent.When I have my financial information then I can consider debt service and costs related to equity partners in the overall income produced.

It is not guaranteed money, the properties are often not in good condition, and CMHA is difficult to work with.

A question for everyone viewing the post: Would you consider HELOCs as a conditional strategy only reserved for ' great cash-flowing ' deals?