It’s a tough market out here in New Jersey both with this high market and the high interest rate right now.   

Also, no contract or high upfront fee.

The rents are high enough so they can cashflow, even with the 7%-8% rates we are currently seeing.  

Also, 2023 was a down year for rentals everywhere. and 2022 was a high year for rental income.

I highly recommend reading their books, joining their FB groups, and continue perusing the forums.I am a Minnesota investor and agent.

high deserts of CA AZ NM Texas that kind of thing.

@Joey Keske, I highly recommend reaching out to @Josh Green.

If you are using a hard money lender, are you accounting for the high hard money interest rates for those months?

Others have posted that their underwriting criteria is so strict and fees so high that its very tough to get a loan that will work and these folks just give up and end up with 3k worth of educational material and NO 100% loan.the reality is right now its never been easier to get a HML  80 to 90% financing and 100% of renovations..

., Given we are accountants, we cannot promote our services on BP as its against the rules.To help in your search:be sure to find an accountant who is willing to grow with you, and is not too high priced fee-wise.