Norada deals strictly with turnkeys, and turnkeys are typically sold closer to market value.

This means proper screening is even more critical to reduce potential conflicts, late payments, and property damage.Pros of Renting by Room:✅ Higher Cash Flow – Renting by the room can generate more total income than leasing a unit as a whole.✅ Lower Vacancy Impact – One empty room doesn’t mean the entire property is losing rent.✅ Flexibility – Month-to-month leases may work better for students, traveling professionals, or short-term renters.Cons & Risks of Renting by Room:🚨 Higher Tenant Turnover – More frequent move-ins and move-outs mean more wear and tear, vacancy gaps, and potential management headaches.🚨 Increased Tenant Conflicts – Screening matters because you’re placing strangers together, and mismatched tenants can cause issues for everyone.🚨 More Lease Enforcement Challenges – Handling disputes, unauthorized guests, or noise complaints becomes more complicated with multiple unrelated tenants.Why Proper Screening is Critical:Not all background checks are the same!

Candidly that tends to get a little murky for me, so a couple of addendums to your current lease and a fresh lease for the new tenant is likely the simplest way to do it.

Do you usually hold rentals before flipping, or was this a unique situation?

We acquired InvestorFuse (a premium CRM for wholesalers) a few years ago and we decided to make a whole set of the features free to be more accessible for people getting started. https://carrot.com/features/crm/with all of that said... the function is great, but the user interface as of today is a bit more clunky than we'd like.

I think I can buy it at a great price to make my margins work.I have never used hard money, but this deal requires more cash than I would like to tie down (2mil).

When the ROE is significantly smaller than my CoC return (based on initial investment) I know it's time to make a move to increase the velocity of the money.

I experienced more than 95% delivery rate and more than 20% response rate on Launch Control.  

However, unforeseen issues led to higher costs than anticipated.

I would be cautious.Because the purchase price is lower than it should be the dp seems higher.