For a while I looked into medium size deals like 30-50 units in class B neighborhoods, but ultimately could not negotiate a deal to the point where it would have made financial sense.

Potential ChallengesPrepayment Penalties: Check your FHA loan terms for any prepayment penalties or fees for refinancing before a year.Appraisal Risks: Ensure your property’s renovations are well-documented to support the higher valuation needed to pull equity.Lender Requirements: Commercial lenders may scrutinize your LLC’s financials and operational track record.

This joint effort enabled us to maximize the property’s potential without financial strain, proving the strength of our partnership-driven approach to real estate investing.

If they don't you personal financial situation plays a bigger part in securing a loan. 

I believe that I can help support this vision through bringing attainable and affordable housing to rural areas and help with fill the services gap by what Nancy calls “social capital” rather than financial capital.

Helps carrying costs while waitingg to sell and makes financials look better for investor buyers.

Many of your main TV companies won't pay a claim on a property vacant for more than 30 days.8) Renters Insurance: how are you going to get S8 tenant, who qualified for the program via a string of bad financial decisions, to pay for it?

I figure the upside to the rental scenario is, of course, investing in multiple properties, while a downside would be having to most likely get a conventional loan on the second house with 20+% down and proof of sufficient enough financial reserves to handle two mortgages. 

Make sure whoever you put in there is financially responsible and I'd do a 6 month or month to month explaining in summer rates will increase.Keep us posted. 

The second habit that has helped me track my finances is that I’ve created a personal spreadsheet that I fill out at least once a month that tracks certain financial metrics I’m interested in comparing.