I haven’t personally built full underwriting models or written IC memos end-to-end, but I’ve spent years reviewing them, stress-testing assumptions, providing feedback, and helping determine whether deals were good or bad investments.What I haven’t done is originate and execute a deal entirely on my own as a principal.Specifically, I haven’t personally:Sourced deals directly from brokers as a buyer under my own entityRun a full acquisition process independentlySet up banking, accounting, and reporting systems from scratchSelected and onboarded property managers and construction teams independentlyBuilt investor systems and reporting infrastructure from zeroPut legal documents in place for a new investment platformFully controlled the capital raise, including locking in commitments ahead of bidding with confidenceConceptually, I understand how all of this works, but it still feels theoretical because I haven’t personally owned every step.

One option is to offer a temporary rent reduction rather than a permanent $300 decrease. 

Properties in good locations attract better tenants who stay longer and do less damage, the properties appreciate much better, rents go up faster, much less work and stress, equaling higher profits and you need less of them to make the same amount of money.

In real estate finance and note investing, stress-testing generally refers to evaluating how a potential investment would perform under adverse conditions rather than only under optimistic assumptions.

Modify the bathrooms to meet requirements and decrease liability.I would consider that application but the lease agreement has to be spot on and the deposit substantially larger.

However, a few have had enough merit that it may have caused stress if it were not for the umbrella coverage (for example evicting a tenant with ESAs for lease violation of repeatedly introducing ESAs without following the process in the lease).  

Hi everyone, I’m Rosa Watson, a property management professional focused on helping investors protect their assets, maximize cash flow, and remove the day-to-day stress of being a landlord.I work primarily with rental property owners and real estate investors who want their properties treated like true businesses, not just “units on a spreadsheet.”

On underwriting, a few things I wish more first-time buyers focused on: assume conservative rents, not “top of market,” and stress test the deal with one unit vacant or underperforming.

That sounds incredibly frustrating and stressful. 

That's a great way to get yourself in expensive and stressful hot water.