Over-budgeting is critical to ensure that renovations don’t eat into your profits.Market Fluctuations: If property values in your area do not appreciate as expected, or if you face a market downturn, the amount you can refinance for may be lower than anticipated.Financing Challenges: Securing financing for the initial purchase and rehab, as well as refinancing after the property is rehabbed, may be challenging, particularly if the property is located in an area with fluctuating values or if the rehab work doesn’t immediately improve the property’s appraised value.Tenant Risk: Rent collection and tenant management can be unpredictable.

We took out a HELOC on the property a few years back to do some extensive repairs and we've just now got what we owe on the HELOC paid off

Investment Info:Single-family residence fix & flip investment. 176 Wildwood Road is a single-family home located in Sag Harbor, NY 11963.

Experiences will vary significantly based upon location.

I have located the VIN numbers for each trailer and now I am looking for advice on how to get titles to these trailers. 

They get a higher return since they are covering housing cost, have the $250k per spouse primary residence deduction in gains, is a savings account, higher leverage position, lower interest rate possible, will pay more premium for location, etc.House might be overpriced for REITs but not for home owners.  

I would study the listings from the top performing rentals in your area to see how they are overcoming any challenges with location.

Focus on buying properties in good locations that will attract high value tenants.

Additionally, there typically are additional state protections (outside of the agreement) based on where the fund is located.

I tried FB ads, and got some inquiries but no bookings.It would be nice to have an AI program that would respond to people looking for a certain sized property in your location for certain dates.