Moving forward, we want a stable payment and for the loan to eventually be paid off.

Ideally, turnkey.My prior career was in hospitality, but unfortunately it has not left me in a financially stable position in life.

Hopefully things can become stable enough for these meetups to happen again! 

Provided you're financially stable go out and find a deal 25% below market value, and get it under contract.

There are great, reliable people there looking for long term, stable employment!

It gives me stable 30 year access to equity, but I only pay for that access when I need it.

The contractor needs to be financially strong & stable, understand the guidelines, timelines, paperwork, compensation structure, and nuances of each version of the 203k.

For those looking outside their own back yards (a strategy I recommend for folks in saturated and/or volatile markets), consider markets in the Midwest and South that are a bit more stable and still provide an abundance of cash flow and appreciation opportunities!

The advantage to this choice is private lenders generally will not charge origination fees and points rather they will be interested in stable interest.

What I did was transition to part-time so I could dedicate more time to being mentored and starting my RE career, while staying somewhat financially stable & for insurance purposes.