@Trevor Leb I am an investor in the Roseville/Sacramento area.

With your background in project and hospitality management, you’ve got a skillset that transfers really well into REI — especially when it comes to coordinating flips or managing auctions.

Quote from @Aaron Rogers: I'm a new developer in Daphne, AL with projects in Mobile AL and surrounding areas, what's the best way to find active developers interested in buying the paper of my projects or JV for vertical? 

Welcome Trevor Sounds like you have solid experience as a landlord and this area has some great investor meetups I work with a lending company and often see how connecting with local investors can open up deals faster Feel free to connect if you want to trade more ideas

Trevor - thanks for sharing.

@Basit Siddiqi You’re right that PadSplits are not a one-size-fits-all strategy that's why i ran the numbers carefully on my deal including ARV, rehab budget, and projected rents and the model still produces strong cashflow margins even after expenses and PadSplit’s fees.

I am not considering maintenance and capex in my tax deduction calculations since they are infrequent and irregular (also good to have worse case scenario projections).

We sold it as is as - as a project for another buyer!

The amount of or Contingency Expense (or "buffer" as you call it) you use is dependent upon how risky you view the project.

Welcome to the forum, @Trevor Burwell!