Multifamily rentals help add the extra protection against vacancy and they typically always debt service themselves.You can also focus on amenity style homes or locations to increase your STR ROI and focus on either turn key or TLC properties to speed up the ARV potential.

The involvement of onsite management, often seen as a potential red flag, can lead to the property failing crucial qualification tests.

The involvement of onsite management, often seen as a potential red flag, can lead to the property failing crucial qualification tests.

If there's sufficient equity in any of your properties, it's worth considering the potential returns from deploying that capital elsewhere.

Hi Josh, Additionally, consider building conservative assumptions into your financial projections to account for potential market fluctuations, economic uncertainties, and unforeseen challenges.

Yes there are quite a few around 350k, with lesser rent potential

What do the numbers look like on a potential sale?

Cutting down trees and painting cornices and window frames white can greatly improve the appearance of the property and attract potential tenants or buyers.

While this house was a mess, I could tell it had potential and was in a great area!

Hey @Fadela Zaoui - if its a court ordered sale... unlikely sellers would entertain seller financing, but the answer's always no unless you ask :) I recommend working with your broker to figure out what the sellers really want - sounds like one of the sellers wants to cash out so they may not be the person that wants to do seller financing BUT the other seller may be open to it.You could also potentially look at a joint venture option where you just buy out the seller that wishes to sell her portion, and partner up with the other equity holder who now gets to retain their piece of the pie.