Given the last commenter's advice about waiting for someone with experience to chime in the first time, that someone has to take a risk... the issue is that there is a high likelihood it will be either a loan-to-own lender looking to obtain functioning properties or a scam.If it's true, they would have SO much business; whatever funds they have available, they would be empty in 1 month or less because that would be the best deal in town if it's true.

If they did without propane for several months, not sure they'd notice the lack of hot water.

That increases my monthly cash flow and it boosts the value of the property to increase my equity.The downside is that it can take a lot of work, time, money, and patience. 

This means, in effect, that he has not paid his rent for this month, July 2024.How can this happen?

Project is about a month out from completion so I’ve been thinking about the refinance part of it.

@Mike Grable  you could just have a month to month lease.   

Why wasn’t he checking up on the subcontractor and giving you updates on the progress at least bi-weekly.No update from Kevin for three months? 

rent and occupancy increased.rents went from 700 to 1000$ per month occupancy remained at 100% with very low delinquency, almost zero Lessons learned?

We would have to rent it for 2,800k/month 4b 2.5b.

For my Minneapolis duplex unit, the ROI potential on transitioning the apartment from a 1BR which would rent for ~$1,200/month up to a 2BR that could rent for ~$1,550/month makes a ton of sense.