With rent increases being so large YoY there I might just have to wait a year or 2 for substantial cash flow.Airbnb/short term sounds like a common play.

You are better off hiring the contractor, paying the fee and keeping 100% of the profits on your flips.On the other hand, if the contractor brings to the table not only the funds for the rehab but also for the purchase as well as handles all management of the rehab and the design, then perhaps an equity split is appropriate financially for you.Your next post states the contractor is your brother so with that said, things change as family is family, but the financially principle I stated above is still in play. 

I'll be approaching critical mass as a landlord again after a 15 year absence due to doctor stuff where I had to sell all properties and crush my financials but I'm still topside. 

Third, you have to have boots on the ground if you are doing value add plays.

Egress and height problems as well and getting on the wrong side of 1010 Mass ave is no fun.Cash flowing in Boston at all with rentals as opposed to a conversion ain’t easy, so take the win, enjoy the pay down and buy something else

Hard to be in the cash-flow, expansion phase of your journey playing with a balance sheet / capital pres hand.   

I will say that mid July to mid August is always the slowest selling season for me personally every year so that could be playing into it some.

We found one that has helped us scale our multifamily business and I cannot stress how big of a role they played in helping us.

@Alexis DalPontCashout refi is my favorite play!

But it's not going to change existing neighborhoods in mass.