It's a numbers game, and realistic assumptions are key.Cap rates play a significant role in property valuation.

I agree with Jason - there has to be enough skin in the game to bait an investor - BUT also remember that depreciation provides a paper loss that shelters rental income from taxes, boosting after-tax cash flow.

That's all you bring to the game.

We have TONS of contacts as far as realtors, GCs, tradesman, etc so we feel ahead of the game in that aspect.Our biggest goal is to stay in the black (or get back to the black ASAP) before building a rental portfolio.

I know the development game is different from wholesaling, and I want to make sure I’m approaching this professionally and providing real value to developers who could turn these opportunities into successful projects.

welcome to BiggerPockets Your rendering skills sound incredible, and being able to show investors the full potential of a property is such a game changer for fix & flip projects.

Direct mail & texting — don’t overcomplicate it yet.Both work, but they burn cash fast if your follow-up game isn’t tight.

Concentration is the name of the game to get the wealth.

Check if other markets you’re exploring have anything like that—it’s a game-changer for steady income.Oh, and don’t sleep on networking!

Sure, you can then play the deferment game again by potentially doing a 1031 exchange, but there can be a lot of compromising in all of that.