If someone fills a closet or room with flammable liquids, chemical products that may generate poisonous fumes under certain circumstances such as flood or fire, stacks of stolen goods they plan to sell online, or, simply fills a garage or "extra" room with used tires and car parts, or barrels of asbestos, who will need to deal with removal and disposal of "Hazardous Waste" if left behind, or worse?

**Tools I've seen remote flippers use:**- **Propstream** - Great for lead generation + basic comps.

Being licensed as a Realtor can help with this as you can help them generate leads contacting potential buyers and sellers.We represent the Michigan market and help investors from around the country invest in real estate and build their portfolios with all asset classes.To Your Success!

They mention pitfalls associated with using Zelle and such, and advocate for using a platform that generates an invoice.

Instead of qualifying based on personal income, the lender looks primarily at the property's cash flow.Typically lenders want to see the property generate enough rent to cover the mortgage payment, usually around a 1.0–1.25 DSCR depending on the program.These loans are commonly used for:• Long-term rental properties• Portfolio expansion• Investors who write off a lot of income on taxesI’ve been working with a few lenders recently that are active in DSCR programs for investors expanding rental portfolios, so if anyone here is exploring that route I’m always happy to compare options or point you in the right direction.Always great seeing more investors scale their portfolios here.

Shortly after profit is being generated from this project, I intend on subdividing another 50 acres.

Along the way we developed a deep appreciation for building systems, teams, and long-term value - principles we’re now applying to real estate investing.Our long-term goal is to build a 2,500+ door portfolio while partnering with great people along the way.Our primary strategy right now is coliving, which we’ve found to be one of the most efficient ways to generate strong cash flow while providing high-quality, affordable housing in strong growth markets like Atlanta, Phoenix, Houston, and Dallas (to name a few).

I should also add that the house has extreme sentimental value as it is my husband's grandmother's house and we are the 3rd generation to be raising a family there.

They can handle guest communication, pricing, cleaning coordination and turnovers so the property continues generating income without you having to manage the day to day operations.

Not sure if this matters but figure showing appreciation might generate good will?