$9k/$72500=12.4% Rate of return (not including any closing costs which would reduce this return).  

I may not have the experience yet, but I’ve got the energy and determination to make it happen. 

If you think about it in any industry less transparency and more friction in the transaction will increase fees/commission vs reducing them.I like the idea as an investor of having different agents, a team of agents maybe 3-4 bringing me deals, but I think less of that will happen now as all will have to have you sign some kind of agreement up front. 

And all of this happens during the contract period reducing purchasing risk.Great strategy especially when practiced just on the outskirts of a major metro area in a country setting(a weekend getaway property that can be marketed to city folk).  

there are of course more creative strategies to reduce that up front outlay, or recoup your capital, like, say, the BRRRR method. but they are time and energy intensive and certainly not hands-off. 

High probability that you’ll uncover an oh-$**** issue that will reduce or eliminate your projected profit. 

I've seen a few hundred dollars for lease renewals versus they may charge a month's rent to find a tenant and you are reducing the risk of having a bad tenant with the turnover.

This reduces exit options and affects the value. 10) Small number of small units is the most expensive residential development there is.

This added so much to the overall cost and took up more of my time than I expected.Overall, it was a huge waste of time, money, and energy.

If you pay two years' worth of property taxes in 2025 (January and December), both payments are deductible on your 2025 return, potentially reducing your taxable rental income significantly.