As many of you many already know, the Fed was originally projected to make six rate cuts for the year, however with this current data, the Fed will likely continue to be stagnant with making any cuts, if any at all.

I'm continuing this from another post I commented on.....I think it's an important enough topic to revisit, we get so many posts from people that had problems with their Contractor and project because expectations were not met (on both sides), and it creates problems with both the schedule and the budget.

This improvement suggests a growing buyer interest and possibly limited inventory, creating favorable conditions for quick turnovers.Toledo OH - RE Analysis (April 2024) - House Sales (1).pdfDemographics and Economic FactorsPopulation and Economic CharacteristicsPopulation Size: With a smaller population of 5,341, 43620 offers less competition in buying and selling, which is beneficial for flippers targeting niche market needs.Income Levels: The lower median household income ($27,442) suggests a demand for affordable, refurbished homes—ideal for flipping projects aimed at cost-sensitive buyers.Housing and Ownership TrendsRenter-Occupied Properties: A high percentage (68%) of renter-occupied properties indicates a transient population, potentially less targeted for flipping.

It is an asset type that doesn’t align with my goals as well as it should.

I invested in 3 of their deals (co-promoted by Big V Group): Crossroads South, Spradlin Farms and Southeastern Portfolio...ALL HAVE FALLEN WAY, WAY SHORT OF PROJECTIONS.

It is easier to find a value add project and the rent prices and demand are really high.

Check out below for three major developments that are happening in Mecklenburg County:Queens Bridge Collective:Chicago-based Riverside is underway on Phase 1 of a large mixed use project linking South End and Uptown.

They can provide ideas of how to do things cheaper, re-use materials where appropriate, etc.Proper planning and foresight of a project.

A little bit about myself: Day-time, I do project management for corporate real estate clients, and a registered architect.

With second home loans, the mortgage must be for one unit (I do a lot of 2-4 unit STRs), the property must not be rented for more than 180 days out of the year (limits revenue), must function reasonably as a second home (usually limits out of state investing), rental income will not qualify as stable monthly income (projected AirDNA does not play into your DTI).