Seek out locations that are undergoing gentrification, development, or expansion where property prices may increase over time.Creative Financing: To fund your local deals, consider unique financing solutions including partnerships, seller financing, or private loans.

Before the Karens potentially in this thread get self righteous I am not providing legal advice and @Adam M should retain proper legal counsel to prepare all documents associated with this syndication including compliance with SEC regs. 

It depends on whether you are using current investing methods that include a bank or if you are using creative financing.Here is the difference.

Everyone always knows where to find it.Things to include: Water shut-offGas shut-offBreaker panelAir Filter size and locationWater filter size and locationSprinkler instructionsPhone numbers to utility providersEmergency phone numbers (fire, police, poison control)City Code Enforcement (complaints about noise, parking, etc.) 

I haven’t even included all the liens that could somehow go undetected.  

Hope to sell for 180k, terrible. not including the 3% fee, terrible 

In today’s high rate market, 1% ratios do not cash flow at high LTV in most markets.   50% expense ratio $2550. 80% financed at 7% (OP indicated and does not include the plumbing) P&i $3,332/minth. $5100 - $2550 - $3332 = -$782/month after achieving market rent.  

What we do different from anyone else we've been able to find, is actually provide complete transparency into the process from the purchase of the deal, the entire rehab including costs, renting out the property, and the refinance process (most of our deals are BRRRRS).

This does not include closing costs from your purchase. ($133,500+closing costs [est 7,000]=$140,500/.75 [75% LTV]= $187,333).The second way the math will affect this deal is that HELOC payments are interest only and first mortgage loans pay principle and interest, in other words, they are amortizing and your payment may increase.

I’ve built a portfolio up to 250 units, including 100 single-family homes using the BRRRR strategy along with lease options over the past six years.