He, like you guys, heavily advised cutting my teeth on a smaller deal where the buy is in the tens of thousands and the sell is in the low hundreds, even if I didn't do it with him.I do think theres value here with this property (I am very confident in the 100k spread between the buy and the sales comps) and I just want to be sure I can't find a way to unlock some of it before I walk away entirely.Thanks again for the help!

SFR's are harder to control as they are more spread out.Taxes and maintenance tend to be higher on a per unit basis compared to multifamily 5 units or more.The Dallas market is healthier than many other parts of the country.With SFR's the renter usually gets more space for the money.Also the SFR will usually appreciate at a higher clip per unit once the economy turns around versus multifamily 5 or more.If there is low housing supply and permits for new builds versus more demand for housing then rents will go up.I believe many potential tenants don't see purchasing a house as a smart move in some markets so they just want to rent and let someone else handle the upkeep.I would just make sure that as inflation and commodity cost rises that your SFR are not to far away from the core.There will be in the future a wave of more intown living to reduce waste and cost of living since wages have pretty much remained stagnant.

Great to be here Charles there is so much information on this site I am trying to get this thing rolling in the right direction also another tip @David is to not get to spread out, I don't know about you but I get overwhelmed because there are so many directions you can go in but it seems each avenue of RE Investing fits personal characteristics of people for instance if your creative, can envision the end result, see potential pitfalls, and you like working with your hands maybe rehab would be right for you and so on .

Why hold onto a note with a small profit spread when you can have a piece of the current 4 to 5 % spread.

If its about to expire then the agent "should" want to work with you.You could offer half of their commission up front, 1.5% (from your side of the option) and then a create a note for the remainder of the commision after you close with your tenant buyer.Or, if your spreads are good, and you are getting more than 3% option consideration, give the agent all their commision up front, and then proceed as usual.

ARV is 90 to 105> That is a huge spread!!

We have the resources to find lots of RE with large spreads, but not able to fund the Larger deals ourselves.

Others want to diversify their cash flow streams, spread their bets, and hedge systemic risk.

However from all I've heard is that there is not a good enough spread in this market.

They are local and they have been well publicized in the local media as having closed on bulk REO.