Six acres in a fast-developing area plus an income-producing remodeled house should be getting some bites, so if you’re not seeing showings after two months, it’s probably less about the property and more about how it’s being marketed and who it’s reaching.Here’s what I’d look at:1.

The W Call St. property was purchased for $5,000 and sold for $15,000 the same day, producing a $10,000 profit.

We became quick friends, and after observing the way he worked over the next12 months I was able to lift myself from “mediocre” to top producer increasing my income by a factor of 20 times!

I have 33 rentals producing enough cash flow to support me the rest of my life, but I enjoy my work and continue working.

The problem is even when I know what a property can produce, lenders will use Airdna when there is no rental history. 

They are no longer a low cost producer.  

Hi David, Because the property is qualifying for the DSCR with income, if the asset isn't ready to produce income, the DSCR lenders are unlikely to close until you have a CO (certificate of occupancy). 

It is unlikely you can add enough value to extract all investment or produce a good return for your efforts.Good luckTotally appreciate that perspective, Dan — especially your point about cheap markets.

I believe for the patient mostly passive RE investor that leveraged RE can do well but1) residential RE is not passive, especially compared to index funds and etfs.2) because non commercial residential prices are near an all time high, interest rate is near high for this century, rents are all time worse compared to costs (per 2 recent studies) that you would be entering RE at a challenging time and a time were most RE will not produce the returns that were easy to achieve prior to 2022.3) RE provides diversification, but may not far exceed the returns from passive options.  

That alignment of incentives produces better risk-adjusted returns for everyone involved and dramatically increases the probability of success on the first few large transactions.Once I’ve cut my teeth on several of these alongside proven operators, I’ll have the resume, relationships, and confidence to lead larger deals independently.