Scaling up properties requires cash flow or equity, continuous education, networking, mentorship, patience, and persistence.

At this point, instead of continuing to pay the interest loan payments on properties that we will never be able to financially finish since the rehab loans will not cover the actual cost of the rehab, I wanted to know the ramifications of returning the properties to the loan servicer, deed in lieu.

I can only speak to myself personally but I've continued to invest, knowing properties may not cash flow much but I've invested in value-add so focusing on appreciation.

This progress has been a blessing, and we’re committed to continuing on this path.

You're first deal is never your "best deal", but is likely your "most important" deal if you continue to invest.

Total turnaround time can be within the same month if you start at the beginning of the month, but don't be surprised if it continues into the next month.S8 in my area outsources the inspections.

My goal is to continue to buy 3-4 condos like this one and use the snowball strategy to pay off these condos quickly so I can build up my passive income(ideally $20k+ a year from 1 paid off condo).

I’ll continue to research the area.

I thought I was buying at top of the market in 2020...and 2022...but prices continue to remain high. 

So I saved you 5k and read my post above on why short-term rentals are a far better investment without the headaches of going to court to recoup damages or fight claims of being a slumlord (which by all accounts he is)