Before building something yourself, might be worth testing what's already out there.

If the software is not simplifying your life or making you more accurate, you shouldn't use it.Software does have extremely helpful features like online payments, marketing syndication (click a button and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

Hi Friends,I am looking to flip in the Tampa area and I'm in touch with a few Wholesalers and Realtors there.I have received multiple properties from them; however, I am always concerned that their ARVs are inflated, which will leave me in the red.How do you determine correct ARVs when you are not physically present and can't pull your own comps from the MLS?

You want each decision to stand on its own so one problem doesn’t cascade across multiple households.

You can get homes with strong cash flow, lower entry prices, and good short-term rental potential, meaning your capital can go further and allow you to build multiple rental streams.

Also, they'll do multiple non-refundable deposits along the way.

My wife and I have done this multiple times moving property to property in North Jersey putting down as little as 3.5% Purchasing OOS will be 20-25% down costing you substantially more out of pocket, other hidden fees include:  property management, inflated turnkey purchase price, slow appreciation, low year over year rent in creasesMany will say NJ is not landlord friendly.

Are you underwriting multiple take-out scenarios, building in flexible extension options, or prioritizing lenders that allow lighter seasoning or partial credit for in-place improvements?

As she was talking all I heard was "out of state investment property (we live in California) leaning short term rental in an emerging neighborhood where we can fall back on long term rental to give us multiple outs."

Over the last 8 months I've received multiple calls from people who ask me if I would be interested in selling both my personal and income properties.