For the most part, the guys and girls at the ground level are still great and focused on what they do! 

However, they approach financial health from different angles.The 50% Rule is a quick estimate that suggests operating expenses (excluding mortgage principal and interest) will roughly equal 50% of the property's gross income.The DSCR is a more precise calculation (Net Operating Income / Total Debt Service) that determines if a property generates enough income to cover its debt obligations.Deal example:- Class C middle class neighborhood- 4bd / 2ba single family house- ARV: 190k- Purchase: 105k- Rehab: 35k- Market rent: $1,400-1,525- Section 8: $1,475- Property manager: 10%- Taxes: 125 month- Insurance $1250 yr- HOA: $55 month- purchased and rehabbed with all cash.

Focus on “scaling quickly.” 

Basic, but functional faucet.Appliances ($3,500):Focus on essential replacements.Refrigerator: Energy-efficient model.Range: Standard electric or gas range.Dishwasher: Basic model.Consider deals, scratch-and-dent appliances.Lighting ($1,000):Recessed lighting in the ceiling.Under-cabinet lighting.Basic pendant lights over the island.Paint & Trim ($500):DIY painting.New baseboard.2.

This allowed Jerry Scott and Chad Wolfe to focus on the execution of the project without needing to invest their own capital upfront, ensuring a streamlined process from start to finish.

I am super interested in getting plugged in with the investing community here in Tyler.

And hands down the #1 violators of tenants rights (I mean legit cringe stuff) are those large communities, not investors like those who make up the majority of BP. 

Quote from @Tyler Edens: Hello BP Community!

I'm happy to share insights and see how we can help each other.What market are you focusing on?

Tacoma has a growing real estate community, and there are plenty of opportunities to connect with investors.