Maybe.But with us being so new to the real estate game, I'm glad we were able to learn the lessons we did early on and are able to ask them going forward to any lenders we speak with for future deals.

And the Springs is a strong market for future growth.Good luck! 

Back to your project, if the unit could use some upgrades, and the market shows that tenants will pay an increased rent for those upgrades, then you should improve the property.  

He advises on the strategic acquisition of properties that show promise for long-term growth, considering factors like location, demographic shifts, and future urban development plans.

Is it possible to use the projected income of a str property built in 2024 and use that income to help qualify for a heloc on another property

I could get you a revenue projection.

The parcel is on a power line that a recent solar installation and future solar installations are planned for.Thank you

Since you're new, going to guess you haven't been watching your rehab project closely - out of sight, out of mind!

Hello Bigger Pockets Community,I was interested in investing in a long term rental property in the near future, but live in Miami Fl.

That may certainly change in the future, but for now I will be doing it on my own.