Managing contractors and verifying quality of work/timelines can kill a deal.

I have slowly worked on improving management to increase cash flow from $0 to ~$800/month currently.

Hey Jessica, You can bring in a different GC to take over the project.

No property management needed.

I have slowly worked on improving management to increase cash flow from $0 to ~$800/month currently.

I'd hope that the AC contractor would check the woman's credit and home ownership before beginning such a big project.

Instead I ran numbers on a few properties that I projected to cashflow positively and showed her how they would cover the car payment. 5 years later and she is more interested in buying real estate than I am.

Killington does a great job managing and working with STR owners and it's one of the places I always recommend my investor clients check out because of the STR-friendly regulations there.

The ARV % serves as a secondary calculation (i.e. constraint) on the maximum loan amount for a rehab project.

I just acquired my first flip project.