@Sharon Patterson, any rehab is a "project" and basic project management principles state that there are 3 key interrelated aspects to all projects: time, scope, and cost.

It took about 6 months of which I did the majority of the work but I was able to turn it into a 3bed 2bath house and sold it for $140,000.00 and a nice $50,000.00 profit.Now I was hooked on distressed properties but had decided I didn't much like the selling aspect of it.

I'd think if you had a cleaner come in to handle that aspect and then used an app to manage the leases and things you'd be in pretty good shape.  

Exit Strategy: Have a well-defined exit strategy (e.g., sale, refinance), so the lender knows how you plan to repay them.

What aspect(s)?

Are there specific aspects that are unique to rental properties?

Hi Joseph,When starting your investment journey, it's essential to set clear goals that define your investment purpose and time horizon.

These are critical aspects that can influence not only your budget but also the overall feasibility of the project.However, if you’re looking for a lower-cost value add, turning the shed into a high-quality storage space could be a solid first step.

Our approach is investor-focused, ensuring that each build not only meets but exceeds market demands in terms of both quality and potential returns.I'm curious—how have you found the transition to handling all three aspects of development?

hey Joe, happy new year :) He is mostly into multifamily rental properties, so he focuses more into that but also covers other aspects of real estate.