The key is consistency and optimizing each step.Hope this helps, and best of luck on your wholesaling journey!

And most people that I speak with, will actually take the property for what it is today and write it off and try to find something that is performing more optimally.

But I have optimism.

I agree that Chase is probably not the optimal lender for this situation.

**Time and Effort**: The buy and hold strategy is less time-intensive, allowing me to focus on managing and optimizing rental income rather than undertaking extensive renovations and refinancing processes.That being said, I am interested in trying the BRRRR method in the future.At the time of purchase, I lacked the skills and knowledge necessary to attempt the BRRRR method without exposing myself to risks I was not prepared for.Hope that answered your questions.

First, take a close look at your expenses—are there any you can trim or optimize?

Made sure water heaters were operating optimally and replaced those that needed it.

I hope the example illustrates why HELOC to finance ADU is not optimal not even addressing the risk of a variable longer term loan (I do not use variable on longer loans) or additional interest rate (these are secondary issues but I would have issues with HELOC even if the HELOC were fixed at the same rate as a new RE purchase loan (but HELOC are typically variable with worse terms than RE purchase loan). 

I have seen that even with optimized VR websites the OTAs will still rank higher, but it is good to be in the ballgame with them there. 

However, I am seeking recommendations for the most effective tools and software for remotely managing my Airbnb properties, as I will not have a local short-term rental manager.Specifically, I am looking for software that can assist with property listing, pricing optimization, channel management, guest communication, and any other relevant aspects of property management.