@Pete CorderoPete, I’ve seen a lot of investors weigh “Build to Rent” communities versus traditional mixed neighborhoods, and here’s the practical take: these new developments give you modern, turnkey-ready homes that need minimal rehab, which is perfect if you want consistent cash flow without the headache of repairs.

The combo of higher prices and rates, in addition to construction costs have drawn out this BRRRR process, especially in NJ in my opinion.

Sometimes, even great deals fall apart — and it’s not always about the property itself.
I’ve seen funding, communication, or due diligence issues cause last-minute hiccups.
What’s the biggest lesson you’ve learned f...

Exactly where that line is drawn I don't know.

What is it about this specific piece of property that you are drawn to?

I've drawn $2.3M of the loan for a portion of the acquisition. site clearing and preliminary site work/retaining walls.  

It gives you a solid foundation on the different real estate strategies (buy & hold, flipping, BRRRR, etc.) and helps you figure out which one aligns best with your goals and resources.Once you go through it, I’d also recommend checking out a few forum threads here that match your interest — for example, if you’re drawn to short-term rentals, BRRRR, or house hacking.

I would also just do a simple 3 month LTR lease.Get it all drawn up and I would do a background check as well.Where is the rental?

Theysaid that our 2 year old roof needs replacing, our one year old HVACis improperly installed, and that our perfectly working septic systemalso needed to be replaced along with lots of other newer items.I guess they wanted to knock the price down $50,000 or maybe a lotmore. ....

Quote from @Drago Stanimirovic: I’ve heard stories of investors closing in under a week when the lender and deal lined up perfectly.