That reality is unexpected vacancies.

This might be typical in your market, but it’s worth confirming to avoid unexpected costs.

.- Experience: You’ve successfully navigated a purchase, rehab, and refinance, which are the core components of BRRRR.Considerations: - Budget Overrun: Being $27K over budget highlights the importance of tighter cost estimates and contingencies.

Be an area expert on contracts, zoning, value add components, contractors, and so much more. 

If there's one thing to be aware of, expect the unexpected.

She walked away with $1,500 in hand, and we salvaged the deal, netting $8,500 in the process.That deal reinforced two crucial lessons: first, title issues can create unexpected hurdles, even in straightforward transactions.

Risk Mitigation: What strategies do you use to mitigate risks when investing in older properties in Cleveland, especially in terms of unexpected repairs or property management?

When analyzing properties, it's helpful to run a rental stress test to see if the deal can withstand unexpected challenges.

You've done a terrific job of detailing the components of each program.

Your approach here has definitely given me a lot to think about in terms of spotting hidden value.Curious, with the deferred maintenance challenges you faced, was there anything unexpected that came up during the rehab that you’d approach differently next time?