but your numbers on it as a BRRRR are overly optimistic. 

If yes, how many guests did you have in 2023 and for how long on average?

@Mike Sarhan I am on a contract w/SRO property in Brooklyn.

Now I'll lurk on the site until I have something to contribute. 

I’ve had it on my radar for a few years and cost vs revenue doesn’t line up.

If I call any of the mortgage lenders used in my handful of properties, I would have to wait on hold, talk to 3 different people before getting an answer.

I'm considering building a portfolio on single/duplex homes in Oregon where my parents can be my managers - and I am up there 6 times a year.

It sounds like you've put a lot of work into this renovation.First, let's break down your options:### Selling the Property- You've estimated a potential profit of $58k, which is a significant return on your investment.- Selling now would give you immediate cash to reinvest or use for other purposes.### Renting the Property- With a projected rent of $1450, you need to calculate the Debt Service Coverage Ratio (DSCR) to ensure it's viable

The one item I am not clear on is the 50% contingency on top of the contractor bids.

If anyone is open to mentoring or partnering on deals, I’m definitely up for it!