And you can determine the sweet spot for pricing your place based on comparable properties that are your competition."

I’ve heard a lot about BRRRR, fix-and-flip, and rental properties, but I’m curious about what’s working for you all right now.I know from talking to people that some have gotten into bad deals while using their own money, and I’m worried that using bank funding and ending up in a bad deal could make things even worse—not just for the investment but for the relationship with the bank as well.I’m just trying to make sure my clients use this funding in the right way, without getting themselves into a tough spot.

Neither path was completely hands-off, but the returns turned out higher than we initially expected (despite all the lumps and bumps along the way).As for Lakeland, I think @Andrew Haley's observations about mobile homes are spot on.

First-time homebuyer-level SFHs are such a sweet spot for liquidity and demand, especially when the market gets tight.Quick question—when you're doing the homework for a potential deal, what's your go-to checklist for deciding if it’s a flip or a hold?

It’s awesome to hear you have a connection to Montana—Bozeman is a great spot!

I would just excavate a few 2'x2'x2' (or larger if possible) spot footings, w rebar and Simpson hardware,under the house (you will want to take up the floor to make this easier to do).

Hi Terrence, welcome to the world of rental property investing—it’s an exciting journey, and you’ve picked a great spot to start!

It doesn't take long to learn how to spot a good deal.5.

Wow, that’s a tough spot, and it really sounds like you tried your best to meet them halfway.

Although you are a new investor, you actually have more and better options than seasoned investors.Id they need a second parking spot , rent that to them also.