I'm a licenced Broker and I also handle project management for flippers, contractors, etc.FEMA 50% Rule: ALL of the homes that exist in a Flood Zone have a 50% limit on work that can be done to repair them without bringing them into compliance with current flood standards.

Go with all wood if you can on dining tables and chairs etc.

That's not to say all properties will as it's very dependent on the property and the investors situation.

Any and all advice are welcome as this is my first time working with a PM/co-host.

Commit to paying off ALL debt3.

Do you have the time to do all of that yourself?

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

That being said, most originators are hit with a clawback penalty if you payoff your loan within 6-9 months, meaning that the originator has to repay all commissions and fees to the buyer of the loan if you payoff the loan within that period.

I’m curious—how are you all navigating the current lending environment for your real estate deals?

Don’t hesitate to reach out if you have questions—there’s a wealth of knowledge here, and we’re all here to support each other!