“Driving for dollars” is not a viable strategy; the people successful at wholesaling spend $10,000 + monthly on marketing 5. 

To decide whether to evict one or both tenants, consider factors like immediate need for living space, rental income, and renovation plans.

Hey Scott,To start discussing investment opportunities for purchasing the assisted living facility:Prepare a Business Plan: Outline your vision, financial projections, and strategy for improving the facility's performance.

Hi Pradeep - depending on how quickly you plan to complete the rehab, it may be worth exploring your available resources for refinancing as well.

Hey @Atlas Blake, so the catamaran idea seems kinda separate deal to owning a STR.Is the plan to maybe buy or build up a small resort type place and do the catamaran thing as part of the stay?

I am planning on renting the house out for roughly $1950 to have some extra income to use when showing income for my next loan.

If you plan to live in the property then the short term sacrifice you may have to make is to live in an area that is gentrifying in lieu of an area that is already fully developed.

I’m planning on renting to the tenants for another four months or so while I start working on getting the permits for a major remodel.

Planning to build 4 bed 2.5 bath 2200 square feet. 

The home has a foundation and we plan on restoring the structure to have it classified as a single family residence, and then to lend against it.