We currently self manage but would like to turn them over as well as purchasing a few multi families in the very near future.We have a sfh in Myrtle Beach and love our pm down there so I know good ones exist.

Less Competition - High-interest rates and market uncertainty may deter some flippers, reducing competition for distressed propertiesMarket Demand - In some areas, there remains strong demand for renovated, move-in-ready homes.Price Negotiation - Sellers of distressed properties may be more willing to negotiate in a high-interest rate environment.Cons:High Carrying Costs - High-interest rates increase the cost of borrowing, which raises your holding costs (interest payments, taxes, insurance, utilities).Market Volatility - Real estate markets can be unpredictable, and high-interest rates may lead to slower home sales and declining prices in some areas.Renovation Risks - Unexpected renovation costs and delays are common risks in any market, and high-interest rates exacerbate the financial impact of these issues.Financing Challenges - Securing financing for both the purchase and renovation can be more difficult and expensive in a high-interest rate environment.Mitigation Strategies:Thorough Market ResearchAccurate BudgetingEfficient Project ManagementFlexible FinancingExit StrategyFixing and flipping properties in today's market can still be profitable if approached with caution and thorough preparation.

I know that for an investment property on a small multi-family home you need at least 25% of the purchase price down if you are not going to occupy the property. 

I have a client who purchased a triplex in Albuquerque.

Can you move some of the liquidated assets to use for a down payment on a first time home purchase? 

In some situations, a landowner might be able to purchase beds already with a license from a an existing assisted living facility.

Purchase price: $400,000 This was an off-market seller financed deal with a local investor who had owned the property for over 30 years!

Unless you want to purchase commercial software. 

It's better to walk away from a purchase that doesn't meet your criteria than to cope with hidden problems later

Issue a mandate to the PM that any repair over #XXX needs an Itemized Time & Materials Purchase Order to be completed by them and your signature of approval, without which the PO is denied.