If you're confident you can find better cash-flowing deals or scale your portfolio with leverage, it could make more sense to reinvest rather than pay off the loan.

@Ketch BaysStarting small in a cash-flowing market is a smart way to gain experience and build confidence without overextending yourself financially.

If you can relate, what were the first steps you took and how did you build your confidence in REI?

On the other hand, a detailed quote with a higher total may offer more transparency and reduce the risk of surprises as the project progresses.I specialize in consulting services for situations like this, where I help clients evaluate contractor quotes, ensure transparency, and navigate the renovation process with confidence.

The December update stated they are now shooting for April 2023 delivery and I have ZERO confidence in this. 

Yeah, that could be a good idea if you're confident you can pay it off quick.

This is basically what I made for myself:So every morning I get a report of everything new that hits the market in LA/Ventura, and I can just click the google links, check it out on RedFin/Zillow, and if it seems promising, fully underwrite it (using tools and/or manually), then offer on it.Don't try and come up with an auto-offer estimate, you can't tell the visual quality of the home or how much the construction will be, etc, stick to estimating values of renovated and distressed property in your tools, make it easy to fill those comps/value metrics into an underwriting model/proforma, and let the end users tweak numbers/select comps/etc so they feel confident in everything.

I came up with this list:region-name:mean-appreciation-10yr:mean-rtpLakeland, FL126.410558160.67416071McAllen, TX69.291962160.68613497Memphis, TN65.483403280.72944333Dayton, OH61.835908900.67836146Pittsburgh, PA57.910773040.65368893Greensboro, NC53.139561620.70635074Youngstown, OH51.949742310.65324659Winston-Salem, NC51.927254160.78515147Rochester, NY48.997707890.66227973Augusta, GA48.206020240.65745314Toledo, OH47.582768950.72120593New York, NY40.920532060.99205336Syracuse, NY39.811672470.73856038Columbia, SC35.113673200.68110439Jackson, MS33.014655470.79068896El Paso, TX31.686361650.72477202Scranton, PA31.550057410.74227059I'm somewhat confident in the data, but not 100%.

I say with some confidence if you keep the condo 10 years, you will be glad you kept it.  

If the agent you work with is not familiar make sure the lender is, so you have someone who can confidently navigate this path for you.