Now the tricky part is creating your underwriting standards and system.

@Tim Holt Come February, it's legal to create an ADU by-right on any single family property in the entire state.

Microsoft Word is where I created mine.

@Devan Praska I do not have a manual for my tenants but have created a manual for each of my properties in the event that something might happen to me and someone else would have to take over the management of them.

One thing that’s helped me stay on track is creating a timeline as soon as a deal is under contract, mapping out every key date and task.

This is the best platform to create and build a lucrative investment team. 

@Caleb Rehg Here is a post I created on student rentals.

It can also create a lease for y'all to use.

However, unless you're doing this as part of a BRRRR strategy, you may end up paying closing costs twice and incurring unnecessary interest on the HELOC prior to refinancing.Additionally, conventional loans often have seasoning requirements of 6-12 months, while DSCR loans typically require only 3-6 months.This post does not create a CPA-Client relationship.

For wholesalers: How are you adapting to buyer preferences or creating irresistible deals despite tighter margins?