It always takes a few years to establish cash flow, especially with the 1960s properties we typically buy.

Utilizing empty lot space in this way helps to combat the increasing housing prices and limited supply many markets have been experiencing.

I would also try to minimize expenses through decreasing cleaning costs, installing smart tech like a thermostat to control utility costs, etc.5.

If there are any recommendations/referrals to established professionals in that market and you are willing to share them.

From experience with mechanical and utility issues in distressed properties, I would also wonder why the breakers were removed.

You need to work with a lender that will utilize STR 1007 Data and/or AirDNA Income on a REFI.Tough deal but we do this consistently.

Be prepared to show a lease, some utility bill, or credit card statement showing you live somewhere else.

If you want to establish a long term relationship with someone who lives eats and sleeps creative financing and loan products - I recommend getting in touch with a well-versed broker who manage the relationship and introduce you to competitive products in the market.

Established agents are too busy to host open houses and they have leads coming in from previous sales and referrals.

I'm passionate about real estate and how utilizing this asset class can enable me to build generational wealth and retire early.