You have the knowledge, capital and or experience to have a good chance at success2.

This transaction showcased our ability to quickly identify and capitalize on profitable opportunities, resulting in a strong return on investment within just a few months.

Then also decide whether you want to chase down loans to find and originate or buy loans on secondary market from others.

@Sokun So Joshua Tree is an extremely competitive market.

I did everything else.......the legwork to find the property, I purchased it, I used my crew and subs to do all of the necessary work, I got it on the market and sold it.The split was 50/50, and sometimes slim or even a loss.Think about how this scenario would work for you.

Quote from @Michael Baum:It's definitely a fair market rate in my market and the North East, but thanks for your opinion! 

Right now, I am thinking of turnkey out-of-state if the market continues at this pace because property taxes are so high in El Paso and rent growth has not increased with prices. 

In today's market, many office landlords would much rather walk away from their properties and take a loss than fight to attract tenants and avoid foreclosure.

A set price per unit doesn't make sense to me because the finishes in a C class unit in a modest market versus a B class unit in a more upscale market could be MILES apart and cost VERY different amounts to repair/replace. 3.

Boomerang Capital How did you add value to the deal?