These contracts run from 3 - 5 years; is there a downside to skipping recording until deed is ready to go to the borrower, as long as I'm staying on top of taxes?

Toledo pretty much offers the same, if you're set on that city connect with @Engelo Rumora Thanks for the plug mate,Hi Ken,We probably won't be able to assist as we offer turnkey and only to cash buyers.Our lowest entry point is $65,000 and that buys a 2 bedroom, 1 bathroom home that will rent for around $800pm.Plus, I'm pissed of with investors and lately and keeping all deals for myself heheI think you are on the right track with the 43607, 43612 and 43613 zip code.I encourage you to take a look at 43609 and select areas of 43610 and 43620.BRRR out of state is a recipe for disaster but since you are in Michigan, it isn't too bad I guess.Even being as close as you are and even if you lived in Toledo, I would always advise to get professional property management.An investors role is just that, to be an "investor".Elevate and delegate...Sure, you can probably manage 1,2 or 10 properties but that can eventually turn into a full time job.IMO, you should focus on scaling as in finding deals, raising capital, buying more properties, growing your portfolio, etc...And not dealing with tenants and toilets.Wishing you much success

In my mind it was close to Pensacola, and it was a brand-new build and should have no problems renting out.  3 years later after working with an experienced investor/agent have had nothing but headaches. 

When I foulnd out the owner had dimentia I reached out to his out of state son and offerred him a stay at my Airbnb, next door.

Call it $600k with closing costs and reserves, so a $600k raise.

He just closed a jumbo STR loan for a client here in Oregon and the same referred borrower also purchased an STR home in NYC. 

Yes you can, but the HELOC will need to payoff the current second at closing. 

Landlord was not staying up on their job.  

Hi guys, my name is herby and I just closed on my first deal for house hacking on a 4plex. 1 of the tenants is out of contract and is on a month to month and that’s the unit I plan to move into.

We've had a handful of nurses stay there since 2021, but it's not exclusive to them.We're renovating the basement of our next house hack and it's in City of Alexandria closer to the existing Inova hospital and the new Landmark development.