It makes sense, most have no credit, no balance sheet yet  possess this desire to own real estate with no proper direction or understanding of the business  and this is the unfortunate outcome. 

The starting point is knowing what emotional drivers (desires, fears, hopes) lead people to spend money on a unit such as yours.

Is it enough to just visit a couple time to get validation on desired location or is a 6-12 month stay needed?

She desires to "break even."

Hello friends! I'm Val, I'm a full-time therapist, part-time photographer and everyday creative looking to translate my skill set into house flipping and landlording. I recently renovated my childhood home while being...

Financing the deal with private money was effective for quick acquisition and rehab, which added substantial value by making the property more desirable for tenants.The main lesson from this investment was the importance of careful property valuation.

What will it take to exceed the average rental in the area and create a desirable B class rental?

It is rural and 30 minutes outside of a major city, however, it does have a 20x30 shop that a tenant under the right circumstances might find desirable.

Hello everyone, I've done 3 buy and hold rental properties, and now I want to do flips, I need investors and I have some that have shown interest, in addition to speaking to private lenders that are willing to fund 70% of the LTV (based on the desired property)I'm seeing a lot of deals from wholesalers, but the problem is, some of them close in 2 weeks and some as long as a month, and they don't take conditional offers, and the good ones fly off the shelf really quick.My question is, how does someone like me close one of those deals within this short period, how do you arrange the equity and financing with little to no inspections sometimes even.I'd like to know how do I prepare myself to be able to close one of these good deals right away when they are offered to me and many others?

You need to balance the desires of the preferred equity with those of the common equity.