So, the family member is pocketing cash and guaranteeing a stable cost of living for themselves basically locking in their future at a time when values are high.

That makes a big difference on what is available for submetering, type of technology and cost.

I  have about 220 leads after my team ends in my list and I have 3 options:1) research and   implement an interactive voice response technology to pick up calls for me when my team is off shift2) Pick up calls myself after my team's shift (this. risks breaking the systems I implemented in my business and also enforces a bad habit of working "in" my business3) Do nothing.

@Paige Kehoe cost vs time will be your biggest challenge!

Hello guysReno got costly on this last BRRRR deal.

Mainly just curious.You can for sure cut off their utilities and let them put them in their own name....but would that mean they are now picking up your electric?

You'll also want to ensure you have a good property manager to look after the upkeep of the property if you are not there to notice anything deteriorating or which may need attention.Creating an LLC in California could cost you a minimum tax of $800 every year.

conversions generally don't work great when combined with a cost seg.

This, however, changes not only from county to county but also by neighborhood, zip code, school district, etc.Another change we are witnessing in real-time is increased seller’s concessions, which can go towards financing closing costs or buying down the interest rate.

Competition..However, most investors are not aware of off-market properties..But not any off-market, the undervalued ones.These Deals are gold..Most investors don’t know how to really get them .Some do direct mail , cold calling , chasing people down and begging for deals.And except to get those deals.The Thing is those deals are not on the radar for a reason.And to get those deals, there is a very simple set of requirements that need to be met and systems that have to be implemented .Once you know these requirements and systems, it's just a matter of executing them properly and with consistency..And the undervalued off-market deals will come to you.It really is that easy….I’ve getting off-market properties for over 3 years now without even working to get them.Like 2 years ago I got this off-market deal and it was just a piece of land in the desert .For real .And I took it for 20k.No one I know didn’t make fun of me.They call me stupid .But I trust the requirements and the systems.Now 3 years later this land is worth almost $700.000 ($642k).It's all thanks to the fact that I can find undervalued off-market properties..And no, I start with nothing and zero connections..But that doesn't matter, because you don't need to have the connections, to be a sweet talker or have millions in the bank.If you’re sick of finding deals .Then all you need to have are requirements and systems to get you off-market deals.But please just don’t think that cold calling is the way.It’s sad.I will write another post about the systems and requirements to get those deals.just be open-minded that there are systems to get off-market deals.And that’s why some investors make millions and some don’t .They have step-by-step systems that guarantee getting those deals.Thanks for reading,