. ($70k total capital contribution).Him (Operating Partner): He found the deal, holds the loan in his name, manages the contractor/renovation, and handles property management.We wanted to do a 50/50 partnership and initially looked at flipping the house.

If I can find properties with built-in equity, then Option B may be possible for me.The idea is not to do a BRRR or pull cash out, but simply to:⁍ Use less cash upfront on deal #1⁍ Preserve capital so I can move faster on deal #2⁍ Refinance later to remove PMI and ARM riskBased on my rough math:⁍ Initial loan at 10% down ≈ $180k⁍ To refi at 80% LTV without bringing cash, ARV would need to be ≈ $225k⁍ Realistically, most near-turnkey deals won’t hit that, so I expect I’d need to bring some cash to refi⁍ Estimated "extra cost" for this strategy (PMI + higher interest for ~6 months) is roughly $1–2kSo my core question is:Does it make sense to intentionally accept a bit of short-term inefficiency (PMI, ARM, refi costs) in exchange for faster portfolio growth and better capital velocity early on?

Do people think this is a good investment to rent even though it doesn't meet the 2% rule initially?

What type of strategy are you planing to employ initially? 

And gain the option of running mechanicals under the house for ease of initial install, plus future repair or add-ons....

Elo Rivera believes this paid support should be illegal; it appears to be one of the few things I agree with him.I had surgery yesterday so did not make it to this council meeting (I attended the initial council meeting where this was proposed, it was proposed $5k/bedroom then).  

I've used it for quick initial screening - saves time vs manually pulling comps on every lead.

Department of Labor to discuss this initiative, emphasizing the need for a solution that fits the construction industry's requirements.""

On paper, new construction seems “easy” to self-manage:• Lower maintenance (initially)• Builder warranties in place• Fewer system failures• Higher tenant demandBut I’ve seen some tradeoffs too:• Warranty coordination can still be time-consuming• Lease structuring matters more in A/B class neighborhoods• Tenant screening expectations are higher• Rent pricing has to be dialed in, new builds often sit if overpriced• Investors scaling to multiple properties hit bandwidth issues quicklyIn Birmingham, Huntsville, and Atlanta, we’re seeing strong demand for newer inventory, but also more competition in certain submarkets.For those who’ve owned new builds for 1–3 years:Did you start self-managing and switch later?

Real numbers- purchase 907k,rehab , closing costs, soft costs, 840k, all in 1.747 mil, basis for each unit should be roughly 291kappraisal of each unit minimum 400k , so 2.4 mil if for all 6.I might refi only 4 out of 6, that will cover initial loan amount.