Being able to be on site and able to commute 20-30 hours a week on the project is crucial for me 

If I'm correct in my analysis, then I'd guess I'm also looking for a mentor if anyone is willing!

Let me know if it'd be helpful to check out the full analysis.

I like the idea of using a HELOC for value add projects where you can refi in 12 months to pay back your HELOC.

@Nicholas DillonI concur with @Vessi Kapoulian comments.Promised or projected returns do not mean actual returns.

I think the before vs after pictures really speak primarily to your experience and ability to execute a project so it can help lenders gain comfort with future projects and allow you demonstrate what level of detail you except out of your contractors.

How do you gain more confidence as an LP? By reviewing sponsor after sponsor, and deal after deal to uncover what sets apart the good from the bad. 
We want to help you get more of these reps, and we're excited to ki...

I very much appreciate the honesty around the current state of the market in the area and I will make sure to adjust our projections accordingly.We are excited to start our journey and looking forward to contributing to the BiggerPockets community.

I'm an experienced project manager with hundreds of cradle-to-grave efforts under my belt, including building project scopes and budgets, evaluating contract proposals, and managing construction to maintain the delivery of high quality products on-time and in budget.Penny is a licensed clinical social worker (LCSW), serving the community mental health needs of parents, children and families.We both recognize we have an immense opportunity to serve our community and want to capitalize on the blessings we have been provided so that we can continue serving our neighbors.My wife, Penny, and I are looking to transition into commercial multi-family real estate in 2025.

I was overwhelmed with projects at the time but paid $35,000 and sold two years later without any improvements for $125,000.