Depending on your situation, there are also interest-only loan options that can increase your cashflow.

I want to find something that will be the same situation...

Your approach to calculating the maximum construction size within a specified budget is enlightening.Based on your figures, I've noted the project budget as follows: Land Acquisition: $8,000 Utilities and Tap Fees: $7,000 Engineering, Building Permits, and Architect Fees: $5,000 Construction Cost: $180,000 (at $160 per square foot for up to 1,125 square feet) Total Project Cost: $200,000This budget underscores the critical importance of efficient cost management, especially in balancing project size and quality within the financial limits.Considering my project will be situated in New England, where costs tend to be higher, I've adjusted the budget to reflect a 40% increase in utilities, tap fees, engineering, building permits, and architect fees relative to the costs you've outlined for Ohio.

Over the many years, I've seen these things destroy a lot of people.IMO for a short time they provide happy days, but inside them is the shark that will "come a callin' ".As a very conservative investor, these are not on my Swiss Army Knife, but I recognize the Risk/Reward situations they are used for.

In promulgating the Act, the Legislature noted that its purpose was to limit evictions to situations in which a landlord had reasonable grounds and provided suitable notice.

Taking the time to implement a comprehensive screening process can ultimately save you time, money, and stress by helping to minimize the likelihood of future tenant-related problems.Property Management Tips: Discover the fundamental principles of property management, encompassing a comprehensive understanding of handling maintenance, rent collection, and effectively managing and addressing tenant issues.

We encountered situations where contractors exceeded their timelines, went over budget, or delivered subpar work.Recognizing when to fire a contractor is crucial.

While you are in San Antonio and considering wholesaling the property, I wanted to share a similar experience we had that might provide some insight.We also faced a situation where we bought properties in the early stages and decided to keep them as rentals instead of selling.

Has anyone experienced a situation like this and what is the best course of action to take.2.

It is not a never/always situation.