We plan on being  long distance owners/mgrs and can't imagine findng & hiring someone to rent a truck, drive around and grab furniture on a onesy/twosy basis, particularly within a reasonable timeframe to not delay launch. 

Goal is to make this a clean BRRRR deal with minimal cash in.

Looking to schedule under delayed financing exception, from the lien being recorded, paying it off at closing, and the transaction mimics a cash purchase.Concerning the property transfer would be filed as form 709 (life time gift exception) from the current owner to me.As well as the note is receivable, essentially they are lending me money secured by the property.

However, they've fallen behind since August. reason for delay is death in family and some unexpected expenses that came with it.

On the PM side, I always build in a buffer for labor delays and unexpected repairs, holding costs can eat your profit fast if you don’t plan for them.

The purpose is to identify  gaps and pain points in the process that could lead to delays or inaction. 

Quick response builds an instant connection and positions you as the agent or business that cares.The Harsh Reality: Delayed Responses Kill DealsAgents often lose clients not because they lack knowledge, but because they are too slow.

A couple of investors I know stress the importance of locking in material costs early and keeping a close eye on timelines, since delays eat into your financing.Since I also work with a lending company, I see a lot of people scaling through new builds, and it’s a strategy that works well if you’re disciplined.

It didn’t need all of the delays that come from using the MLS and banks.

Understanding its limits—and when a Registration Number is required—helps avoid delays and ensures your projects stay compliant with DOB regulations.By getting familiar with this process, contractors can better position themselves for success in New York City’s highly regulated construction environment.