I know the guys at Spartan & they do their best to keep things rented but they can't control the external factors like tenants, the economy, & the RE market.

They don't understand the algorithms that are used and how it can be totally wrong to value the homes and that many factors are left out.  

Also, when underwriting deals with 'value-add' do you factor that into the LTV, meaning, are you borrowing the construction costs as well? 

For those willing to learn the rules and design an effective strategy within those boundaries, however, they can be very, very powerful wealth building tools. 

IRR is going to be higher than the cash on cash return when equity buildup is factored in.

Once a couple tax certs are issued - it's a better sign.For combining factors, it's a bit tricky.

See if you can factor those into the price for negotiation. 

Being honest with yourself about how hard you already work, not about how hard you plan to work, is going to play crucial in your determination and ultimately will somewhat factor into how successful you are.If you have a lot of passion and drive, like you mentioned, already have an understanding about real estate and structuring deals / transactions, perhaps it's the move to make.I started out with getting my license to use on the side. 

Your travel habits are the largest factor in determining the value of travel rewards as it has the greatest effect on conversion rates. 

Opportunity zones are designated areas of each state (which tend to be more developmental/low income areas) where the reinvestment occurs.