EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

We were interested in the 6th St E deal in St Paul, MN, due to several factors: High Profit Potential: The property offered a significant profit margin, with a purchase price of $135,000 and a sale price of $265,000.

@Greg HodgesHave not invested but just make sure you understand your risks of secured vs unsecured as honestly tired of listening people complain about getting screwed when they invest in unsecured debt and are like “oh I didn’t know”…. https://www.sec.gov/Archives/edgar/data/1831623/000117152023000262/eps10909.htmThe Notes are unsecured and holders of the Notes do not have a security interest in the real estate loans or the proceeds of the real estate loans.

$50k is not enough to make alternative financing work because even at an embarrassing interest rate the investor will only make a few thousand - not enough to justify the time, document prep, risk assessment etc.I'd suggest that you get a realtor to put up the money, take a mortgage plus a few points of the selling price.

I understand the value of investing in fewer, higher-quality properties to minimize risks and maximize returns. 

It is a tear down opportunity.asking Price : 400ksqft: 2,954Built in: 1948Arv: 775k to 880k I would study the area more and push something more high density like condos or a 4 unit and lower the risk through multifamily density and rezoning.

Keep in mind, since they fund the deal 100% (purchase and rehab), they are taking all of the risk.

-If you have 10k for a downpayment it's good that you are thinking about having reserves, but you also have to think about closing cost, if you are worried about not having tenants having a couple months' rent would be ideal-If you are new to real estate, start reading books, listening to podcasts, analyze deals, learn the tenant screening process, property management, see how you could mitigate the risk on the house hack, find an exit strategy, but most of all have patience.

Risk- generally speaking you have to build out the vertical spot, whereas a drive up you can add buildings as needed. 

Does anyone have suggestions on an attorney to work with that has a cycle to take on a potential client very quickly?