There is recessed lighting throughout the unit, I am looking to get about 1,600-1,750 for the unit.

This gives you a foundation for making a fair offer.Secure Financing: Be prepared to show you’re a serious buyer with funding lined up, whether through cash, traditional financing, or a creative option like seller financing.Have a Strategy for Repairs or Development: If the property is distressed, outline how you’ll handle improvements to bring it back to productive use.

But for years I was just working hard without seeing any benefit and I had to keep going even though there was no light at the end of the tunnel.  

The other half is mostly turn key, light move in ready, section 8 work that is financed from the start.  

Rehab Scope:Cosmetic remodel: Painted the interior/exterior, updated the kitchen cabinets and countertops, and installed new flooring.Modernized fixtures: Replaced light fixtures, outlets, and switches throughout.Enhanced curb appeal: Painted the brick exterior, added landscaping, and modern black accents.Timeline: Completed the rehab in just 4 weeks to minimize holding costs.Strategic Upgrades: Focused on cost-effective improvements like vinyl flooring and fresh paint, wh What was the outcome?

I suggest the first property should be turnkey, the second should be a light rehab (finish basement, redo bathroom).

This is not “student housing” in the traditional sense - even the vacancy risk doesn’t exist as it’s a 12 month lease / they work over the summer there, etc.  

A traditional bank will not give a line of credit even if there is significant equity because it boils down to being able to pay back the money. 

Often, traditional lenders offer better rates, which can significantly improve your profit margins.2.

Decided to grab another one there since we've already built out a great team and the lift to get it running will be light.