Is it just me, or is real estate prices in FL too high to turn any sort of positive cash flow while projecting conservatively?

Alex, this can work but only if it is treated like a real business, not a friendship project.

You can easily add your different stages or projects.

Are we dead in the water, or do we have any recourse to make this project happen?

Over the last little while, I’ve been working on a tool for myself that takes a property address and some basic financing terms, pulls in data (schools, crime, rents, comps, etc.), and then runs the numbers for investment metrics like IRR, cap rate, cash flow, DSCR into a simple 10-year view with a rough Buy  / Pass style recommendation.

I’m now looking to get started on my first fix & flip project. 

(Which means YOU are basically running a LTR, not a STR.) 

Speed was the name of the game when rates were at 3-4% and you could basically print money on anything you bought below 80% ARV.

We are househacking with roommates near Hopkins Hospital and basically living for freeWith that said , if you want a true multi, they are more rare and in selective neighborhoods.

Love what you’re building — you’re basically turning ChatGPT into a portfolio analyst.Here’s how to improve your prompt without adding complexity:1.