One thing I forgot to mention… So yes, it is ideal if the building is deleted prior to listing your units.

Relying on my eviction attorney for occasional guidance is somewhat helpful but not ideal.

Thus that property was like the ideal turnkey experience so far.+ Renovation of my 2nd property took a bit longer than expected.

What made you interested in investing in this type of deal?

But they do a great job of explaining how to use single source funding (no transactional funding needed), where your cash buyer uses their cash to fund both closings at the same time.The problem with that guru video is that it fails to mention the legalities of doing this type of transaction and the fact that title companies can no longer do them legally.

Ideally, you work on a smaller project first, but if that is not an option go to an existing job and talk to those existing clients.BE VERY PARTICULAR AND NOSEY

Hi @Tony NguyenThis is true but also is going to have a a few contributing factors, such as the type of rental and how much you are engaged in running the property.It sounds like your research is specific to LTR properties which do have a cap.

Will depend on several factors like the type of property, type of tenants, your risk tolerance, other assets you own, your estate planning, laws where the property is located, etc.

What types of properties are you considering?

What made you interested in investing in this type of deal?