Today however, I'm closing on a 2BR/2BA condo in a 55+ active living community which my mother is downsizing into.

Hey Stepan,In today’s market, finding solid flip deals requires being more strategic with property selection.

I joined this community because I want to get my hands dirty and not just meet people online but form some real connections and try to provide value back to those that are willing to offer me advise and guidance, and even encouragement.So, this is my current situation:Back in 2020 I was one of the fortunate ones who purchased real estate when prices were still low (compared to today) and interest rates where at 3% or below.

Ready to dive into real estate with a lease option deal? Here are five steps to get you started:𝗣𝗿𝗼𝗱𝘂𝗰𝘁 𝗞𝗻𝗼𝘄𝗹𝗲𝗱𝗴𝗲: Understand the basics of lease options—how they work, key terms, and benefits for both parties. You mu...

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Others are exploring different real estate asset classes all together.Notice in that chart in the link above, today's trend isn't too different from how things looked basically until 2010.

Renters today have more options and properties that are competitively priced to get leased faster!

Quote from @Alan Asriants: Margins in the market today are extremely tight.

Probably to protect their trust of their customers, and hope that we keep coming back, year after year.So today, I went back to my old business model:  A fair price for my properties. 

How much would you spend today for a monthly cash flow of $40k?