Groups that move quickly on large land plays usually include experienced land developers, family offices, private equity real estate shops, or institutional-leaning partners who already have dry powder and a track record with entitlement risk.

When a deal is more of an equity play than a cash-flow machine, the tenant experience becomes your competitive advantage, especially in HOA communities where you can’t do much outside.A few things that tend to move the needle for renters without blowing your budget:1.

I am not an attorney and don't play one on television.

I'm currently playing this game at the moment.

See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy + tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.

I also spent a fair amount of time playing sports when I was younger, as well as have had private coaching related to sports training and fitness, so I understand good vs bad coaching.The various RE coaching programs I saw from the oustide-in (via my clients who were in them) were gurus and sharks with questionable experience/expertise who were charging more than $1k/month to basically answer questions via a phone call or offer a monthly/biweekly "mastermind".

But looking back, I also see a pattern that will keep sabotaging you if you allow it... blaming someone else, playing victim, and then bringing those habits into the next thing you decide to pursue.

Fair, accurate and low cost 

Hey STR investors — looking for some insight from anyone operating Airbnb/STRs in Dallas, especially in the older urban neighborhoods near Fair Park, Deep Ellum, and Downtown.I’m analyzing a property located in an MF-1(A) zoning area with no HOA — so STR is allowed by right (no variance, no hearing, no special permit).

Even in a C neighborhood, new flooring, paint, light fixtures, even kitchen cabinets, vanities etc. are relatively inexpensive and can be done yourself fairly easily that would probably drive more value than almost anything else early on.Next, I would focus on trying to drive your active income up. 45k is a great starting place but its much easier to double your salary getting into a useful skill like sales than it is to double your investment returns.