Were you bidding on the property knowing that the owners were deceased, or it just happened to work out that way?

I would set up a family trust, if you have a ton of equity maybe you refi the properties into an LLC but if you are locked in with lower rates then I wouldn't touch the ownership piece yet. 

Purchase price: $45,000 Cash invested: $40,000 Property Renovation Overview: 1453 Southfield Dr, Columbus, OhioWe are excited to showcase the extensive renovation of 1453 Southfield Dr, a testament to our dedication to revitalizing living spaces and enhancing the experiences of our tenants.

At this price point you'll never hit the 1% rule.

Nothing better than four draws and never a lot of money up front "for materials".

@Savannah Holzer Well, if I stay with SFR as my strategy, then yes, at least at first, while I figure out the self-mangage/landlord gig.

I don't have airdna, but i did come across one that similar tool that showed these stats for free, and even showed some of the houses people were trying to sell exclusively on these platforms.

Hard money was the best option for this property, given the condition and timeline to close.

My business partner provided the upfront cash for the down payment, and we used hard money to cover the remainder and the rehab costs.

Is it tough to get approval for an ADU in the garage in Toronto?