My partner and I are looking to purchase a residence a TIC for a two story unit in San Francisco.

Investment info:Single family residence, fix an flipPurchase price: 250,000Cash to be invested $50kEstimated home value: $400krepair costs: $50kState of home: Has several upgrades already like roof, cabinets and others , but it has not been kept up and the owner is being forced to leave.What made you interested in investing in this type of deal?

@Gia Hermosillo I think it, to your above point, comes down to the value proposition, or the value the resident is getting for the dollar. 

Investment Info:Single-family residence fix & flip investment in Shenandoah.

For example, in September of 2023 New York mandated that all short term rental hosts must reside at the property.To avoid regulation change issues, it is key to make sure you are buying in established Vacation markets and that your communicating with the City or County in which the property is located to understand what the current sentiment of the people and stance of the city is on coming Airbnb regulations, and avoiding properties located within HOAs / Condo Associations / Co-Ops.

The 2/1 has been their primary residence and they originally were renting out the 3/2.The area has several AirBnBs, within walking distance of many businesses in Farmington, MO.

This means having a bed for every resident.

Investment Info:Single-family residence buy & hold investment in South Bend.

This has included:*Financial oversight with budgets and bookkeeping, having a finger on the pulse of cashflow and financials*Regular communication with partners (business partner, accountant, contractors and investors)*Implementing weekly sync calls to go over short and long term goals/lists (highly recommend the book Rocket Fuel by Gino Wickman on this one)*Strategic planning, focusing on not just the current projects, but looking ahead and having plans in place to maintain momentum*Analysis of each project to determine wins/lessons and use these to continue to improveI think regardless of the business, being intentional versus random and careless certainly makes and impact on progress and scaling.   

In Cleveland they have enacted Residents First, which translates into a narrative that out of town landlord are "evil"    They also enforce a Lead Safe Certification Law which requires that all rentals built before 1978, must pass a Lead Risk Inspection every 2 years.