"On the seller disclosure, they checked "No" under "governmental ordinances affecting the condition or use of the Property.""

I think it makes sense to renovate existing buildings that you can buy under market.

Happy to keep the conversation going!

Most sellers under contract know they can use this as leverage to negotiate partial releases or full releases allowing the property to go back to market.

Some banks may even require that, but if you stay under levered, and keep reserves, I would tap out the golden tickets (10 per person).

I would recommend providing the notice of rent increase and explaining why it’s going up.

It’s great that you’re now diving deeper into the ownership and investment side — your operations insight is going to be a huge advantage.

That cash flows nicely.And, instead of spending $85,000 to use the bank, I end up only needing $40,000 to do the same transaction, No Bank Needed, and my wife and I go on a trip with the difference.

Can I go wrong with any of these?

Going over a year but you still have intent?