Tenant #1 being month-to-month is the biggest threat to the whole strategy.If they leave, here’s what changes immediately:• Your DSCR drops• You lose ~25% of your projected rent• Lease-up time + potential TI costs hit you at the worst possible moment• Your 5-year payoff timeline stretches fastBefore closing, I’d get clarity on:• Whether they want to stay• What they’d need to sign a new 3–5 year lease• Market rent and demand for that particular unit in case you do lose themA month-to-month commercial tenant should be treated like a vacancy with training wheels.3.

The issue is that a flip will return enough to cover the loan, return my invested equity, and leave us each with a profit.

.• Migration is rewriting the map.People are leaving expensive, overbuilt metros and choosing smaller, steadier, more affordable cities.

They are way too guest centric and often leave owners hanging.VRBO and AirBNB should be all you use in addition to looking at direct booking as well.You can rent an ozone machine which should take care of the smoke smell.

Any DSCR lender will let you leave it as is.  

@Adam Copley "leave out expensive projects like a roof, windows, or major mechanicals that still have useful life (for a rental)" Better wording is stay flexible on these big ticket items if you pivot to a rental.

It’s not unusual for seasoned wholesalers or flippers to overthink calls or deals, leaving money on the table simply because they second-guess themselves.Here’s the good news: confidence is learnable.

Can I leave it as-is and create an outdoor fire pit addendum or would it be best to remove the fire pit stones and leave the pea gravel area as just an outdoor seating area?

In order to scale while building new construction you need a lot of cash or patient capital partners willing to leave money in deals, which is not an easy ask. 

This only takes into account the monthly payment you're trying to buy and in essence you do backwards math till you work your way into a maximum loan amount or purchase price usign this 46.99%.The backend of 56.99% or 10% higher than your front ratio of 46.99% just means you have 10% of your monthly gross income for all your other debts like car loans monthly student loans credit cards etc (other debt basically), you cannot exceed this otherwise it will reduce your front ratio vice versa (IE if your back end stuff is 20% that only leaves you 36.99% for our front ratio = total of 56.99%).You can payoff debt, get a raise at your job, you can buy down your rate, get a cheaper insurance quote, have your brother refinance your car off your name, etc (strategies to reduce your DTI to increase your borrowing power).