So specific warranties and the duration of those warranties IF ANY a seller is given should be spelled out in the contract.I dealt with an over 100k water lien on a large apartment in Atlanta in Fulton county many years back.

The homes in this specific area consist of older homes which on a surface level, seem good for a BRRRR strategy. 

Many want double drive thru's as since Covid places have gone 80% drive thru and 20% eat in when it used to be reverse unless it's a specific sit down restaurant without a drive thru.You could have 40,000 cars per day go by your property but if there is a median with turn around or they can't see it easily and have to work to get to your building that is a negative.

Talk with agents and investors - ask what they think of a specific area4.

Eventually it all comes back, its a matter if you want to pay the bank or pay yourself- both hurt in their own ways but we bet on ourselves every time.I can say a great way is to share your specific property when you are ready and there are a lot of great advice on what a good property can do.In any case, good luck, hopefully you execute a plan!

You can certainly execute the BRRR strategy in this area, like any other area you need to buy right and have the right information on the specific location.

Additionally, inquire specifically about Non-QM loan options and whether they have experience assisting self-employed individuals in situations similar to yours.Remember to carefully review the terms, interest rates, and fees associated with any loan offer to ensure it aligns with your financial goals and investment strategy.

Without the ability to do work yourself, have labor at cost (if you are a contractor - for example), or have market appreciation help you in the renovation period, a full BRRRR or healthy margin flip for a new investor is really difficult.Thanks for sharing.

Each option has its own benefits and drawbacks, so it's important to research and compare to find the best fit for your specific situation.3) It is reasonable and possible to turn your grandmother's property into a profitable vacation home, Airbnb, or rental property through the construction of a duplex.

However, it does come with some specific rules and procedures to follow.