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My personal suggestion, get with an agent in your local market, ask them to set you up on property alerts through the MLS.

In places like Indianapolis, for example, we’re seeing significant interest in build-to-rent (BTR) projects that offer consistent cash flow and long-term appreciation.

When he does respond, it is usually to apologize for the missed disbursement or to promise action, but he rarely follows through, forcing me to consistently follow up.In the past year, I have received my owner disbursement payment on time only once.

While you are correct that you’ll be relying on your purchase of the replacement property to go through, there are a few strategies to use and language to add to the PSA to try and keep a seller honest and protect you as buyer.The attorney negotiating the sale and purchase should hedge the risk snd build in flexibility on both ends.

It’s a great way to keep the cash flow going when tourism slows down.

Thanks @Dave Skow@Daniel Alhadeff The property was in the Seattle area but I decided to not go through with it because my backup was to rent it out as a room rental if the AFH didn't work out but the property would be hard to run as a room rental.

You will want an attorney and try and get it through federal court as district court will take 3+years (if you are near the city expect 5 years then several years to evict)Through federal court you may be able to get it done in 2-3 years.I strongly recommend you offer a nice cash for keys package.

(If your project is primarily housing or incorporates housing specific funding sources, you will need to apply through the Department of Housing rather than through this program.)The funding sources that a project can receive include the Chicago Recovery Plan (CRP), Housing and Economic Development Bond (HED), Neighborhood Opportunity Fund (NOF), and Tax Increment Financing (TIF) which have all been combined into a single, streamlined grant program with unified rules and regulations.

But vacancy rates doubled which wipes out your profit to the point of negative cash flow territory if you have a newer mortgage with a higher rate.The number of inquiries have gone up exponentially but the number of qualified renters have gone down exponentially.