As someone who has real estate investing and sales experience—and as someone who has worked through these scenarios firsthand—you have to understand the difference between sales comps and refinance comps. This applies...

When you standardize repairs and expectations, you remove 90 percent of the surprises.3️⃣ Only hire contractors and PMs with actual Section 8 experienceThis is where most people get burned.

Immediately report any irregular sounds, odors, burning smells, water leaks, smoke, or system failures to the Landlord.3.

Of course, confirm it is up to code as a fire pit (or inground wood burning BBQ, if need be called that) and your insurance company is OK with it.I would remove the plants near the house to reduce potential combustibles.

Most postcards never get read and investors end up burning money without understanding why.

Disclaimer, I say "easier" knowing that there will be times you just want to burn it to the ground, but I've yet to find someone who says they regret their house hack.

Builders getting burned in the Upstate right now are the ones underwriting suburban tract-home numbers to infill sites.

Get your subs locked in early.The fastest way for a GC-owner to get burned is letting subs run your schedule.

Tankless units hate inconsistent, on/off demandYour exact use-case, slop sink, occasional washups, random tenant usage, is where electric tankless performs the worst:Rapid cycling burns out the heating elementsSlop sinks often have low flow, and tankless units won’t even turn on under ~0.5–0.7 GPMFlow rate varies a lot with industrial faucets, and tenants twist knobs fastYou end up with “lukewarm water” complaints or units that won’t fire consistently.3.

Hey Joseph,Sounds like you’re right at that point where you’ve proven to yourself it works, now you’re just trying to scale without wasting money or burning out — been there.Here’s how I’d structure it:1.