Some of the challenges:1) Pairing clients with properties that with an affordable plan yield the results the clients need2) Get the property into contract in this aggressive sellers' market with strong STR property buyer competition3) Deep due diligence to minimize property risk during inspection period + create best COE plan to yield the highest possible cash flow + start scheduling post-COE reno work4) After COE, get the hot potato moving- help in any way necessary to make sure my clients get this work done quickly and without complications so they can get their property on the rental market ASAP and start generating cash flow.5) Occasional STR audits as requested (always an option) by clients, to further boost their cash flow, and effectively their home value- based on income approach.

@Brian Kempler In my area (Massachusetts and New Hampshire) Most banks have a 6-12 month seasoning period if you're looking to access the after repair value (ARV) of the property.

You need to define FMV and the procedure to obtain it, there will be disagreements on the calculation, time periods, cost allocations, closing date, etc.

Things to consider: Purchased the bigger lot for $600k under contract for deed with 4% interest for a five year period with $30k downPurchased the small lot for $210k with 3.5% interest with $172k left to pay.

It would be difficult, rare, and frankly not a practice I would help with, for you to place your downleg under contract and your upleg under contract before your downleg is past due diligence period and the buyer's money is hard.

You can often find lenders with no or low "seasoning period," which means you can refinance after 0-6 months after purchasing the property. 

It works out because we have been studying since October 2021 yet there is still so much to learn and that can be done during this period. 

I also let them leave at any time during that 60-day period with just a week's notice so they have more control and know I'm not going to screw them over in the process.

If so many lenders will have a 6 month seasoning period before you can take out a loan.

You would need someone to fill in for you who is capable of handling anything thrown their when you are unable to be reached for a long period of time.