She had the money, yet chose immediate gratification over improving her long-term financial stability.Always remember, THEY ARE TENANTS FOR A REASON!

I have been hearing that Broken Bow is hard to turn a profit right now unless it's a screaming deal.

They will appreciate that more than what some companies tell you do which is garbage.Just remember, when you are mailing off-market, usually terms are more important than price.

The long-term treasuries are screaming higher rates and inflation being heavily persistent, which usually means underlying house values will go up but I don't think we see that if wages aren't supported in the short term.

You have to remember that you are new, you are unlikely to uncover something new about your market right now so that pocket of homes might have potential being close to development, but other investors are already on or off it for a reason.

Remember, grow slow and sturdy, then explode with growth.

7% pref with 70% leverage seems screaming low return for the risk you are taking on.

As @Greg Scott mentioned, this is on the low end of deals like this and remember nothing is promised (check you docs on that).I own SFR homes that have far exceeded 10% returns due to their appreciation over the past 10 years or so.

Remember, none of this is my opinion.

Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.