Timing wise, don’t wait for January—buy when the numbers work and your team is ready.

If they are not wanting to take the risk, either the deal isn't all that great (numbers-wise) or because it's rural, DOM are high, or they simply don't see what you see (ARV, capacity for exit, ability to see the deal through to the end).

Quote from @Allison Park: @James Wise Where I draw the line is that these loans will be likely to go under water, they won't be able to refinance or sell and there will be a lot of short sales and foreclosures.  

NC laws are very strict accounting wise so I'd suggest making sure you have a good handle on that.

The one I recently purchased will also work as a LTR, and numbers wise may actually make more sense.

Quote from @James Wise: Quote from @Ryan Murdock: Quote from @James Wise: Quote from @Ryan Murdock: Quote from @James Wise: Quote from @Ryan Murdock: Ok, @James Wise, you win.

Quote from @James Wise: Quote from @Phil Salazar: I bought a 3 bedroom 2 bathroom 2021 blt. house  in a Wrap Around mortgage. 

@Robert Ellis are you going to answer @James Wise questions regarding identity?

If smoking is explicitly prohibited, as stated in your lease, and you have already issued two notices, it would be wise to issue a lease violation and arrange for an inspection to evaluate any existing damage.

There are options exterior wise AND in our approach to tenants (there are definitely a few problem units that make the area feel unsafe).Boosting rent would be great, but the real goal is to create an environment where residents want to pour back into the community and where people FEEL safe.