We signed P&S agreements on 6 different properties totaling 20 units approximately 8 months ago and received a call today that the price we thought we were buying at has to-be increased on average 13% due to the increased cost of construction.

Think, how many people do we have today that are famous simply for being famous?

Some of their staff that I worked with actually managing my houses and doing the day to day work were fantastic.

With today’s technology it’s certainly  possible to manage an OoS property (and many investors do).  

If the property sold today, after 1% cost of sale there's only $2.5 million in cash coming from that sale and that's assuming that there's no exit fee on the loan and no outstanding payables. 

Virtually all agents today list on MLS, do email blasts, list on their own and / or brokers web site and list on commercial web sites (e.g.

Caution:  Personal credit card financing is a huge risk and good luck finding 0 percent interest today.

Fast forward to today, I have over 275 doors.

Quote from @Brad Roche: The other thing that is great for the FHA 203K loan (not sure about the Homestyle loan) is that you can kick the payments out to 6 months of ownership (so close today and make your first payment July 12th 2025) if you are fixing up the home.

If that's the case, you should be able to rate/term refinance at ~75% LTV with a DSCR loan, and with some interest-only basis, your payment will go to ~$850 (based on ROUGH pricing TODAY).