My suggestions:1) Be ready to demonstrate that the as-is $1.75M purchase price is a significantly below market acquisition price2) Try to get the Seller to provide all/partial Seller financing 3) Be ready to demonstrate that there are relevant comps nearby to justify your projections4) Have an absolutely airtight scope of work and detailed cost estimate with construction milestones5) If you are convinced of the lucrative nature of this deal and your ability to make it happen, consider raising additional capital from friends/family or other sources to increase your equity contribution to the project6) The lender's will want reward commensurate with their risk: expect double-digit interest rate and a personal guaranty.

More risk, more reward!

I cant thank you enough to all of you...I dont will lie: I Love the property location location location plus a real charming one!

It requires a constant presence, but you will be rewarded. 

It can be complicated because in general its higher risk, but the higher the risk the higher the reward.

Bigger risk, bigger rewards I guess? 

It's not a penalty for those who don't respond quickly, it's a reward for those who do.  

., you can minimize that risk and achieve greater rewards than you'll ever see working for somebody else.With your current rental properties and the completion of your BRRR, you could probably live comfortably while using your Post 9/11 G.I.

It's a good life, a rewarding one...but here's my "problem" I listen to what other successful investors have to say about creating a passive income by developing systems and hiring teams to do all their work (deal finders, contractors, brokers, property managers...)

Even if I burden with 10% management, your $23,390 NOI per year is a 16% cap rate (assuming no financing), and then w/ your financing, you're net cash flow of $1047/mo ($174 per door) is a 40% cash on cash on your $29k down payment and closing costs of $2500.Great find.....if you're comfortable with the repair/vacancy assumptions and risk/reward of this property appreciating or holding flat, or depreciating.Good luck