-Explore builder-financing programs, private lenders, or hard money lenders who may focus more on the deal itself rather than personal experience.If you can demonstrate successful project management and a solid business plan, funding will become easier over time.

However, looks like there is a harsh line as far as what locals can afford and if you go over that, vacancy is high.Watertown, NY- I’ve seen many great multi-family properties in the low to mid 100s.

Or we gradually perform high-quality updates for a live-in flip, then roll the equity into a new home.Regarding rental income, we aim to boost income, lower our effective tax rate by generating more low tax-drag income with rental income (since there’s not much we can do to lower out W2 tax bills) and have retirement cash flow.To compare the financial impact over 10-20 years, we want to analyze renting versus flipping.

The most you are allowed to raise rents on a year over year basis is 10% or 5%+CPI which ever is lower.

I would love to discuss real estate with like minded people over coffee, dinner or virtually 

Hey @Joy Daniels, I read everything I can all the time.I read a few blogs that go over products and some design.

Quote from @Shiloh Lundahl: @Jay Hinrichs so it sounds like you don't feel like you got punched in the face by real estate over the past couple of years. 

January’s CPI came in at 3.4% year-over-year, slightly above expectations, reinforcing the Fed’s cautious approach.Economists expect this month’s CPI to show a slight decline, but if inflation remains above 3.4%, the Fed may delay rate cuts even further.

The agencies require all properties be - on average - 90% occupied over the prior 90 days (IE - the property needs to be 90% occupied on average over the trailing 3-months leading into quote / commitment).

Unfortunately, over the 11 months he has lived there, he has only managed to pay the rent on time once.