I did pay him $30,000 after a week of work and understand that I owe him more, regardless of how poor the quality of his work was.

Was the “lowball” offer high enough that you could find another buyer?

Competition is high also so I wouldn’t touch it if I was out of state.

It's in a city (outside the USA in Mexico) that has seen major growth the last 3-5 years and has great prospects to continue growing thanks to nearshoring and high cost of living across the border in the USA.I spoke to an architect and it looks like a 4-unit building can be built on there.

Dee, I highly recommend you use a landlord attorney to prepare a lease for you.

Your traditional hard money doesn't eat your profit, they charge you a high rate.3. $150/month in cash flow is not something to hope for.

It's safe to say that your HOA will increase each year especially with inflation, how high rates are right now and will continue into 2025.

They aren't tax savvy and neither are high income earners (both very low income/retired) and won't really entertain any savings strategies.

We did not need help in deciding what our investment niche would be; we needed help in creating and implementing a tax strategy plan for a married couple composed of a high-income earner and a real estate agent and business owner.A few weeks after paying the $25k, we set up our first meeting with our assigned CPA and started the so-called “advanced tax courses” provided, which are generic modules that only vaguely introduce financial concepts, topics, and terminology.

@Vanessa SwitzlerI live and only invest in Greenville SC.It’s a great place to live and a great place to invest.It appears we have similar approaches doing JV and smaller syndications though we did do a deal with 281 units, too.My only caveat would be that I don’t consider Greenville to be a cash flow market - the growth is too strong and the demand too high.