Financial Transparency:Managing the budget yourself allows for greater transparency in costs, helping you to identify where money is being spent and find opportunities for savings.It's important to consider the potential downsides, such as the significant time commitment, the need for substantial construction knowledge and experience, the risk of costly mistakes, and the responsibility for managing permits, inspections, and compliance with building codes.

We are actually planning on moving in a couple months so we are trying to decide what to do with the property. 

I plan on house hacking when I have the chance and then  growing my real estate portfolio as much as possible as time goes on.

Many months of rates moving at most a few basis points a week morphed into dramatic, massive movements—with bigger changes sometimes happening in one day than had occurred in quarters or years prior.Real estate investors navigating the challenging market of 2024—with mortgage rates still at elevated levels—are at an advantage when they can lock in financing terms or plan purchases while DSCR loan rates are favorable.

I am now in a hurry to get all my marketing plans/tenant screening info up and ready so we can get tenants in ASAP.

Current plan is to sell one unit a year and put the net profits into fixed income.The assets are in the 400k range with older renovations but are somewhat presentable.  

Always late on reports and financials.

Get with the builder and see the plans for the new houses? 

But I would advise you have a plan in place to pay off the existing mortgage in 2-3 years because eventually the original seller will become unhappy with having a loan in their name and no house to show for it.Finally, there's a lot of irrational fear out there about the due on sale clause and the lender calling the note.

Sherida Heinz Zenger has a extensive history of breaking laws when it comes to financial matters.