The most successful investors systemize and delegate.How to Let Go (Without Losing Control)🔹 Automate – Use rent collection software, project management tools, and automated messaging for tenants.🔹 Delegate – If you’re spending hours on tasks that someone else can do for $20 an hour, it’s time to outsource.

The guest house has STR rental history but the other two units would need to be based on projections. 

For those who’ve used it, what strategies or sources have worked best for you when covering the difference between your loan and the total project cost?

My strategy incorporates asset protection measures like LLCs, specific trusts as well as professional property management to spread risk and ensure quality operations.As well as using tax codes to my benfiitSection 179, IRC Section 162, Cost Segregation and Bonus Depreciation and later 1031 them out for larger projects. 

How much profit at the end do you expect to realize and what time frame do you project to receive it?

Give them the projected return, but also be honest about possible downsides.2.

On the flip side, the margins aren’t quite as high as with rehab projects.

Not much there yet but there’s a gigantic project in the workshttps://www.mesadelsolnm.com/media

Wish we would have fully completed each project before moving onto the next.

I put $6000 into repairs, mostly paint, new light fixtures, new appliances, painting cabinets and fix a small leak coming from the roof.