The 1% rule is what I use for the initial evaluation on the property.  

Waiting is also acceptable but as long as the secondary plan is covering costs then usually progressing is better than being on the sidelines.Good luck! 

I evaluated the deal like I would any other—based on cash flow, collateral, and real estate fundamentals.

Pay an PM and the profit is significantly reduced 4) alternative below market financing such as assumable, owner finance, wraps, sub to, etc 5) path of progress.

I always think new investors should start with a self evaluation!

Surround yourself with people who understand both homeownership and investment strategy.Your first home doesn’t have to be your forever home — but it can absolutely be the first step in building long-term wealth.If anyone wants help analyzing a property, evaluating financing options, or exploring house hacking strategies, I’m happy to share insight.Everyone starts somewhere — and your first home may be your first investment win.

Hi everyone,
I’m curious to hear directly from private lenders and passive investors who are active in short-term residential real estate.
When you’re reviewing a potential fix-and-flip opportunity:

What do you...

Document and keep us posted on the progress leading up to and after the 3/1 move-out; I think there is a lot to learn from your experience.

Most will say no, but you'll learn deal evaluation fast and build that "investor mindset" muscle.

So an honest assessment of future needs is required to correctly asses whether a deal is viable with your current operations plan.Curious to hear from others who have been through this, Did you evaluate future scope?