If you can realistically get $1,200–$1,350 per side, you’re looking at $2,400–$2,700/mo, which puts you around a 0.8–0.9% rent-to-price ratio — workable if taxes/insurance aren’t too high and major CapEx is solid.Key things to confirm: true rent ceiling for 3/2s in Mustang, condition of major systems, and how quickly you can turn the MTM tenant.

A term that I lovingly call 'close-ability'Every lender goes through seasons where they don't communicate as well as they could, or seem to be losing momentum, or even throw out more than normal conditions (especially when hiring new Underwriters).

Russell sourced the deal through direct outreach and secured it at a price that aligned with its condition at the time.

Property Condition & Amenities: it’s important to, “Maintain to the Neighborhood.”Key metrics for each Property Class:Class A Properties:Tenant Pool: Majority of FICO scores 680+, no convictions/evictions in last 7 years.Tenant Default: 0-5% probability of eviction or early lease termination.Section 8: Class A rents are too high and won’t be approved.Vacancies: 5-10%, depending on market conditions.Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Class B Properties:Tenant Pool: Majority of FICO scores 620-680, some blemishes, no convictions/evictions in last 5 years.Tenant Default: 5-10% probability of eviction or early lease termination.Vacancies: 10-15%, depending on market conditions.Cashflow vs Appreciation: Typically, 1-3 years for positive cashflow, balanced amounts of relative rent & value appreciation.Section 8: Class B rents are usually too high for the Section 8 program.Class C Properties:Tenant Pool: Majority of FICO scores 560-620, many blemishes, but should have no convictions/evictions in last 3 years.

Quote from @Harvey McMurray: Working through an infill lot opportunity in Spartanburg SC with utilities at street, no HOA, and strong new-build comps in the $260k+ range.For those who work with builders or who wholesale land regularly, how do they typically evaluate:• Lot size• Utility availability• Comps• Dirt condition• Entry priceI shared the full situation in my Classifieds post per BP rules.Just trying to understand how builders in that area run their numbers.

They have SCAD, Memorial Health University, and the new Enmarket Arena that's gonna bring more than ample traffic year-round.

There are health and safety concerns for both gas and electric ranges.

Health insurance premiums are going up significantly.  

Some approaches I’ve been seeing:Finding better deals due to less competitionPivoting from flips to long-term rentalsHolding properties longer than originally plannedOffering seller financing to make deals workI’d love to hear from seasoned investors: What strategies are you using to navigate these conditions? 

They may have options that would provide coverage with conditions, maybe restricted water loss payouts, higher deductibles, or require water shut-off devices installed.