The checklist here acts as a roadmap, ensuring that nothing is overlooked.Knowing when your due diligence should be completed or when to close or extend your contract is of utmost importance.

On the complete team thing. yes it does exist BUT it's VERY rare. 

But it might be a good idea to raise rates each year or so by $50 to $100 because it can communicate that you aren't completely checked out, and you value your property, your time, your investment.

Take ownership of your mistake and learn to do the proper due diligence recommended above😊Please send us any feedback via email, as we do not use the DM feature here.

This idea that everything goes up in price is completely fictional.

From what I understand you could be buying something that is completely dilapidated but even if that was the case if it was for 10k or less, you could sell the land. 

@Nick AmYou're making conclusions and, much worse, business plans from very limited and, in your case, completely wrong understanding.Self-employment tax that you will pay on your property management income is not instead of ordinary income tax on rental income.

The higher rates and no point options hopefully are temporary for you until you are able to show a 2 year history of 1099 income, refinance early in 2026 once you have completed your 2025 returns. 

There are so many features that make Baselane a great option for real estate investors.

If that is all ok then get a very good local realtor to run comps in that area to determine the conservative value of the home once you've completed the renovation work(ARV).