Regardless, renovating properties to force equity is the way to go! 

What impact has your skiptracing choice had on your KPIs (response rates, leads converted, cost per lead)?

Adverts promoting the same 3- year hold round trip development with a 29% IRR for 6+ months.... last I checked shortening the investment period by 16% should have an impact on IRR.4.

My agent told me it's a normal thing to see in older properties like that, but I was scared of the impact of such water on the foundation in the future. 

There are items you can research which will give you a better understanding of what drives costs, but I don't know how much that will impact your investment decision.Check your property assessment.

With the results of the mayoral race (selecting the democratic candidate who will win the race) - I am curious to see what other people are thinking WITHOUT making this a full blown political post against a party but impacts that could occur.The winner was advocating for expanded rent controls / rent freezes, stricter tenant protections, and major changes to law enforcement—all of which have direct implications for asset management and long-term value preservation.This isn’t about politics.

Food insecurity means that individuals and families cannot consistently access the food they need, often forcing them to make difficult choices about how to allocate their limited financial resources.

You can't force them to work for less, just like you can't force a seller to pay 10% commission. 

Sometimes the impact is the real profit.👇 Got a similar story or pivot moment?

Then layer on the operational component when these out of state buyers are reliant on 100% 3rd party oversignt and management when dealing with real estate disproportionately impacted by opex and capex and its a losing proposition.