Can it be profitable?

@David Oh you can either offer a bonus based upon specific KPIs or based upon profitability.

When you position yourself as the solution—not just someone looking for deep discounts—you’ll find opportunities others miss.What’s the most surprising profit you’ve made on a move-in ready property others overlooked? 

You can't thrift-store-buy your way to profitability.

In the end, the project was completed successfully and sold for a profit.

My main question is should we wait the extra time so we can hold the property longer or should we try and sell this year, take the profit and scale quicker.

$60k profit pre-tax.

Our research showed that furnished properties rented through the MLS have a $.60/SF to $.70/SF incremental rent above non-furnished long-term rentals.

Theyre out there, but they are largely impractical and not viable except in the most profitable deals.

That said, with today's rates, every increment of extra mortgage is way costlier than it was four years ago during the sub-3%-rate Covid days.