I’d also underwrite as if you’ll eventually have property management, even if you self-manage at first, so the deal works long term.

We are really wanting to flip at least 6-10 homes a year and eventually expand, hiring crews and doing dozens a year.

The second group are contractors possessing both financial means and wherewithal who already run profitable construction businesses and eventually decide they’d rather build or renovate for themselves.

With the right plan and eventually the right manager in place, the role shifts from daily work to oversight and capital decisions.I’m currently working through a phased campground development from the ground up and learning a lot along the way.

The guy thinks he will see his spread sheet cash flow eventually show up in his bank account and you know that is never going to happen.

Back in my w2 days  I have worked with people in the past who only prioritize short term not long term thinking and in many times do not realize they may win those battles but eventually lose the war. 

Eventually, your trust will cost you money.2.

Living in it for a bit lets you stabilize your finances, maybe house hack, and eventually use that equity to jump into rentals when you’re ready.

Unless rents increase faster than inflation, no matter how many properties you own, you will eventually be forced back to work because you will not be able to pay future inflated prices.No rent control of any kind.

A lender who’s used to working with investors, an agent who knows the rental pockets you’re looking at, and eventually a CPA who actually understands real estate and planning ahead (not just someone who plugs numbers into software).