That way, you'll have plenty of time to tackle any problems head-on.

He is also not local to Chicago anymore, but he lived here before he headed south.

Essentially, this follows the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) method, but with the twist of continually developing more homes on the same piece of land.Do you think this strategy makes sense?

Kill 2 birds with 1 check, reinvigorating areas and creating the growth and expansion that feeds not only housing needs but with all the ancillary things one needs to have along with a roof over the head. 

Whereas in the past lenders did not attempt to enforce the “due on sale” clause, this was in an era when interest rates were heading lower and transfers of ownership were not easy to identify.  

I have an applicant that I should have out-front denied based on income, but I approved them and tried justifying it in my head.

You just made a good point that many people are in over their head.

If the lack of showings is due to specific concerns (like the cesspool or possible mold), address those issues head-on

Like you said it gives the weekend for travel time.Plus, if folks need to head home on Sunday then they do that and not feel too bad about losing a day.When you have to work that Friday, it sucks because you want to get started, but after 6 days of vacationing, people are often ready to go home and are meh about the Monday.Psychological Strategery....

That's what I was trying to wrap my head around.