I had been discussing this property with the owner for a while and saw its potential—distressed but with strong fundamentals and built-in equity.The deal was a great opportunity to apply creative financing, secure a property with minimal upfront capital, and build long-term cash flow.

Open a secured credit card to build credit and keep learning strategies like BRRRR and house hacking to prepare for future opportunities.

They can identify potential investment opportunities... not to mention all the tenant/landlord laws, eviction process, security deposits, accounting, end of year tax statements etc. lots of pitfalls to be avoided.wish you success in your ventures!

Kansas City is a solid market for steady cash flow opportunities.

Quote from @Virginia Frost: I'm always looking for a good opportunity but honestly my next purchase will probably be something that I don't have to do a total overhaul on.

Happy to help with analyzing investment opportunities in both northern VA and DC.

If there’s no exit clause I’d take this opportunity to add one.

My issue is the opportunity cost of not getting appreciation, depreciation, debt retirement, etc. in real estate. 

Well, a large number of our members are rental home/apartment investors but there's plenty of other RE opportunities out there. 

I had been discussing this property with the owner for a while and saw its potential—distressed but with strong fundamentals and built-in equity.The deal was a great opportunity to apply creative financing, secure a property with minimal upfront capital, and build long-term cash flow.