As a carpenter, monetize your edge on light value‑add and sweat equity, but avoid heavy permits until you’ve got reserves and a team.

The tenant in the garden unit left, she was there ten years, as such the unit needs a heavy turn over.

I live in North Dakota, and I came across an apartment complex for sale in one of the state’s oil-heavy cities.

Is it the taxes and insurance being higher than you thought, or more the competition side of things? 

What’s helped is being honest about that on the front end and focusing on properties near steady employment rather than purely student-heavy areas.

At all cost, avoid heavy construction plays in lower cost markets.

It does so much heavy lifting for us on the administrative side that it is hard to not sound over-enthusiastic when talking about it. 

From region, to heavy-ish rehab (compared to purchase price or scope itself), to being too far outside of town, just to name a few.Sometimes it might be worth checking in with another lender, especially if you can find a good broker who can navigate the implications well and provide good recommendations without any 'due diligence fees' or paying for multiple appraisals.It can get costly, with either your finances or your time, if you waste too much trying to fit a square-peg into a round-hole.

Keep leverage tied to stabilized, boring assets or hybrid BRRRRs, not heavy rehabs.

Fall/Winter is the least competitive time (best time of year to be a buyer) so stay on it and see what you can land!