The (2) remaining apartments are vacant and will need some work to be livable. 4.

This allows a few days for flexibility and cleaning.But it really depends on the remaining work.

If they’re open to living elsewhere, keeping the property as a short-term rental seems like the more profitable long-term play.If you’re enjoying the self-management and the demand remains strong, I’d lean toward keeping this property as an STR and exploring ways to add another.

The remaining cost-the  Renovation-will be paid using the HELOC. 

It's rare that you'll find a good seller for #1, so the only option remaining is to document the condition from the day of purchase.

The process of buying, rehabbing, and stabilizing a property remains the same whether it's a duplex or a 50-unit building, but the upside is greater at scale.

While none of us will be getting our money back he can live well selling off the remaining assets as long as they don't shut him down.

Afraid of secondary effects, both Fannie and Freddie remain in conservatorship today.What specifically did they do wrong?

- very low remaining mortgage balance!!

At the beginning of 2023, we see rates in the mid 3% range, reflecting in development starts slowing in 2023 and 2024 resulting in much lower net deliveries in 2025 and onward as rates continue to remain elevated and bank financing requirements remain tight.As you can see, this has put downward pressure on Vacancy rates, since the lower supply of oncoming units coupled with a continued expected population growth in the D.C.