- only use her for the sale on the flip sale - business is business Agreed with @Caleb Brown here.While you don't technically need to compensate your friend and they may not have been the cause of the deal, you can still have them handle the transaction for you at a fair fee/%.On the back end, I would definitely consider having them list the property since you've received valuable insight from them. 

unless you get Agency Financing (fannie, Freddy), your loan will typically be 5 yr, at which point you will need to refi. 

Sometimes the best advice is the kind you don’t want to receive.

@Matt LopezNot an economist but smaller banks will be in a lot of trouble, banks will also tighten lending standards making it harder for people and businesses to get loans which typically leads to higher unemployment due to cash flow issuesThis will then lead to softening in housing.

🏡 I'm a landlord looking to adjust the rent for my rental property this year.What's the typical percentage increase you've found to be fair and effective in 2024 in your experience?

Typical might be average $6,000 a year in distributions a total of $30,000 with the balance of $70,000 from increase in value.So you might look at that breakdown, the more cash flow the less appreciation dependent the deal is. 

Pay all cashThose would be the lowest risk, not saying it’s best options but lowest risk as leverage is the biggest risk typically in any real estate investor followed by buying a property site unseen and in an awful area where they try and self manage

I come across and have bought several early 1900's homes which typically have plaster walls - sometimes not in great shape. 

The premium for a LL policy is typically lower since it doesn't cover personal property.Always require tenants to show proof of renters insurance, this protects you as well.

Rather than syndicating the equity as you're starting up, you might find a path forward in a JV structure with one of the emerging REPE groups that are already raising discretionary funds in this sector - Happy Camper Capital comes to mind - IF you find the right deals and combine them with a strong business plan + reasonable co-invest (typically 10% of the equity required - JV partner puts up the other 90%).