What made you interested in investing in this type of deal?

They’re doing this across all online platforms. 

Be ready for a huge amount of information at your finger tips.

We help our clients:1) Find a fixer-upper to buy2) We get bids3) Negotiate a Scope Of Work with the owner using "Maintain to the Neighborhood" to avoid over-improving, but understanding we will have to pass city Rental Inspection to avoid being a slumlord.4) Provide multiple jobsite videos to show progress and document WHAT was done and the QUALITY.5) Handle passing city Rental Inspection6) Find a tenant with a Replacement Guarantee per Class7) Assist with refinance, so client can repeatSo, why you looking OOS again?

This isn't going to end well, been there, done that!

@LaTonya Clark This is an update.

I wouldn’t think if this is your first property that a rent by the room strategy would be the best starting point.

.👀2024 was only slightly better (by 100 closings) than 2023.Either way, this year and last year were the lowest homes sold since 2012 in Denver metro.

Just starting out and testing waters for BRRR in Chicagoland area.Any advice or suggestions regarding this?

Quote from @Kody Smith: without getting too deep into my finances, what my strategy is...1. take loans to buy properties (leverage)2. fix/flip for day to day cash flow income3. use some of the fix/flip income to buy consistent cash flow through:- business acquisition, - commercial properties (MF and store fronts),I have no intention of doing ALL of the management myself, I will hire management as needed (medium term goal)my expected core role is money provider, evaluating the numbers, making decisions, and connecting with investors, wholesalers, lenders, contractors, and property owners.while I am just on step 2 of the journey, I am looking toward step 3 to stabilize, and not worry about if house prices drop mid project or not (or not worry as much) So to be fair this is more about obtaining and growing a real estate business not simply buying rentals for cashflow.