Just remember while snowbirds might plan ahead, MTR is typically a lot of last minute travel so don't get discouraged as you approach your availability date.

Jerry and Chad used their boots-on-the-ground approach to locate this property and recognized its potential immediately.

I am a local agent in Denver, and I am personally seeing a lot of shift in renovation margins lately. A lot of the neighborhoods that did well in previous years are a bit too tight now. For those actively investing in...

Quote from @Kemonté Bateman: Hi All - My wife and I have been considering taking a HELOC out on our home to start investing I've ran some numbers (using ChatGPT) seeing if it would make sense with the understanding that the monthly payments from the HELOC would need to be built into the monthly rent - thus feeling like it's a challenge.

Quote from @John Henry: Whichever way you go, the real challenge is finding the right deals.

I’m always open to connecting with aligned partners—“financial friends” who value creative approaches.

It’s definitely a balancing act — owners want to protect their investment, but holding too tightly to outdated assumptions (like 2021 rent levels or tenant demand) can end up costing more in the long run.I’ve found the best approach is setting clear expectations upfront with a manager: define thresholds where the manager can act without approval (like minor repairs or small rent adjustments) and bigger decisions that require owner sign-off.

This was one of the very first houses I approached after BP Con 2018.

See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy + tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.

And approach it with different parameters moving forward.