When I inspect the property I can usually get a feel for what deferred maintenance exists as well as what it would approximately cost to make the place rentable.This gives me much of the costs.

How can you find out if an existing mortgage is assumable?

My question is really around the legality and process of taking back the garage from the existing tenants for this project.

Some investors make it work by targeting less saturated areas nearby, but a lot of folks find more affordable markets out of state, which can make this strategy more feasible.Capital needs can vary quite a bit depending on factors like partnering, financing options, and property types.

The comps that do exist seem to be performing at a high-levelMarket Overvaluation?

I'm more used to underwriting MF deals and extrapolating existing T12 data, so this is a bit different for me.All the properties are 3 beds, ranging from 1000 to 1400 sqft.

For anyone following: It cost me $5 to file the updated statement of info and I simply drafted an amendment to the existing internal operating agreement to clarify our intent to operate as a married SMLLC. 

On top of that, when you go to sell you learn the market has been stagnant and has not appreciated with limited owner occupants & investors are not willing to pay retail given the amount of distressed inventory that exists in the market. 

Take over the rent to own agreement from the existing tenants, or something else?

A-lister who designs for billionaires and celebrities.In the process of staying on top of our fundraising leads and using our existing fundraising momentum to finish the equity phase and move onto design & sales strategy.