I know real estate isn't for the faint of heart & my skin is definitely in the game.

A little distance can actually be healthy, it keeps you from getting sucked into doing all the $15/hour tasks yourself.Starting without experience will make marketing your services tougher, but not impossible.

Consistent growth of 2%-4%+ is healthy. 

I’ve been talking with a few investors lately who mentioned they’re shifting focus from large rehabs to smaller, quicker flips — especially in markets where holding costs and labor are getting tougher to manage.It seems like more people are choosing cosmetic updates or smaller square footage homes to keep margins healthy and timelines short.Curious if anyone else is noticing this trend in their market:Are you adjusting your project sizes this year?

Why he wants me to have some skin in the game when he's otherwise just going to give everything away I couldn't tell you.

A couple of other things I’ve found valuable to look at are:Track record through cycles (how they’ve managed deals in both good and bad markets).Transparency and reporting (how proactive they are with communication, especially when things aren’t going perfectly).Alignment of interests (skin in the game, fee structure, co-investment).In my experience, those have been big predictors of how well a sponsor actually delivers in the long run.

(Usually) :-)I understand the reference and don't believe in free food that is not basic and healthy but I also know my kids didn't eat anything I didn't give them to put in their mouths until they had their own money.

But the trade-off is that you’re pulling out tax-free cash that you can use to buy another property, that’s how you scale.The key is making sure your rents still cover the new mortgage, taxes, and insurance with a healthy cushion.

If you need some resources on that market I can send you some great ones.Your budget is healthy for single family homes in Detroit in solid areas.

But more accurately, it is normalizing from an extreme low base during the zero-interest-rate policy era, 2020-2021.And consumer retail sales are still quite healthy, up YoY.And just today, the (often conservative/pessimistic) Atlanta Federal Reserve forecast a 4% GDP growth for Q3 of this year.