Because of that, I have seen investors spend more time underwriting multiple take-out paths and prioritizing flexibility over headline pricing.It would be interesting to hear how others are stress-testing exits when the asset is operationally improved but the lender’s criteria has not fully caught up yet.

That’s where long-term success begins.While cost is certainly important, placing the wrong tenant can result in far greater expenses than any upfront savings—lost rent, property damage, legal issues, and unnecessary stress.

How are you stress-testing your deals given interest rate changes and possible price softening?

Several people have already mentioned some of the reasons:Successfully hitting a target in a high stress situation is very low probability.

If no buyers want it, the issue usually isn’t the contract, it’s that the deal wasn’t vetted well enough on the front end.I work closely with wholesalers on the lead generation and qualification side, and what I’ve seen is that when deals come from properly motivated sellers and are underwritten correctly, disposition becomes much easier and less stressful.

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.

I like to stress test before jumping in, play devils advocate so I can cover every angle

That sounds incredibly frustrating and stressful. 

In NYC we are use to being stress on properties being held up or going bad worth 400-500k and up so a property in Newark purchase for 50k is no stress and being a contractor, those homes just need some TLC.

It sounds like that has taken its toll and it may be time to hire a PM who will give you the relief of not dealing with the stress of coordinating maintenance.