Motivated seller; facility and rent roll improvement opportunities.

@Jensen Roll Do you still have the ticket or 2 tickets please?

When I bought my first 3-unit, I thought landlording would be simple: collect rent, fix a toilet now and then, let the cashflow roll in.Six months later:- A tenant called me at 11:47 PM about a leaking toilet while I was out (on a date).- A lease agreement was “in the mail” for the third time.- My lease folder looked like a crime scene of PDFs and photos.I wasn’t making enough to hire a property manager, but I was already drowning.

What are the pros and cons of keeping the house as a rental versus selling it to roll equity into the new place?

My goal is to see if this actually helps other investors before I think about turning it into software.If you’ve got a deal you’re looking at (Zillow link, rent roll, or memo), I’m happy to run it through and send you back a PDF for free.

We bank rolled and managed the rehab and were reimbursed by the owner.

In 2025, Senior Living industry is 550,000 beds short of the 2030 demand which requires $275B just to keep up. 11 years ago I started our first senior living business and now have 9 locations seeking to scale using a roll up strategy.

Hey BP Community,The City of Charlotte just rolled out a new initiative — the Queen City ADU Program — that could be a game-changer for local housing and for investors keeping an eye on this market.Quick highlights:🏡 Up to $80,000 in forgivable, interest-free financing to build an ADU (detached or attached).👨‍👩‍👧‍👦 Eligible for both owner-occupants and non-occupant property owners within city limits.📏 ADU must be no more than 50% of the main home (capped at ~1,000 sq. ft. for detached units).💰 Affordability strings attached: must be rented to tenants at or below 80% AMI, with rent caps tied to FMR at 70% AMI.📉 Loan forgiveness at $10K per year of affordability (8 years total), or up to $15K/year if you house voucher holders or tenants referred by city housing partners.🔑 Only one ADU per lot allowed.Why it matters:Charlotte is under major housing pressure, and this is a way the city is incentivizing “gentle density” without rezoning entire neighborhoods.For investors, it creates a structured pathway to add a unit with city support — though the affordability requirements and rent caps may limit cash flow potential compared to market-rate rentals.On the flip side, the forgiveness structure (essentially free capital if you comply) could offset the reduced rental income.My take: This could work best for buy-and-hold investors who don’t mind playing in the affordable space and are looking for long-term, low-cost additions to their portfolio.

Here is how we roll...my wife as the designer puts a spreadsheet together with links for each item with costs and quantity. 

Renovation financing can get tricky at that scale since most standard mortgage products won’t roll in such a large rehab budget.