The real risk isn’t the rehab — it’s running a healthcare business.Bottom line:It can be done, but it’s not a light remodel project.

Here’s the backbone that keeps LTRs smooth and your time protected.Core SOPs to copyLeasing flowPrequal script: income, pets, move-in date, red flags noted in CRM.Showing checklist: lights on, scent, lead feature highlighted.App-to-lease in 24–48 hrs: if approved, send lease, utilities, move-in funds, renter’s insurance, keys.Listing refresh: new cover photo, price check, first-line incentive every 7 days till filled.Rent collection and late processDue 1st, late 5th, notice by 10th.

With too many projects in an uncertain market and light on experience.

As a carpenter, monetize your edge on light value‑add and sweat equity, but avoid heavy permits until you’ve got reserves and a team.

How many of those do you need to pay licensing, insurance etc. and keep the lights on

For 2026, target one simple flip in a blue‑collar B/C submarket you already drive for work, with multiple exits: buy right, light rehab, and it still rents if days‑on‑market stretch.

Pick one flip strategy (wholetail, light cosmetic, or full rehab), set a clear buy box, and build your core four this week: a couple of investor-friendly lenders, experienced flippers to shadow, one agent, and a solid GC.

Owner financing terms can be attractive to some sellers, especially if the rents are under market, so I’d want to at least confirm it was communicated clearly.Since you already know the listing agent, I’d keep it light and professional:“Hey, just wanted to follow up and make sure the seller had a chance to look at both financing structures we were considering.

If there is a minor penalty you could enforce because the option wasn't formally executed, go light on it.

Depending on the property, a light-to-moderate renovation, would be $800-$2,500 per unit.