I’m not selling anything, and this isn't a launch—I'm just trying to learn and build something that actually solves real problems.The idea is to create a library of pre-built, professional-grade financial models (for rental properties, flips, BRRRR, etc.) that you can instantly use.

Why would a rental ever be paid off?

Not looking for "how to aquire" specifically looking for YouTubers or paid courses you have owned that teach the exact order of the rehab and walk you through a bunch step by step 

Hi everyone,I inherited a property that’s now fully paid off.

The following is one I actually purchased in Phoenix that was a pre-foreclosure.

The following is one I actually purchased in Phoenix that was a pre-foreclosure.

The following is one I actually purchased in Phoenix that was a pre-foreclosure.

I started with him when he was doing turn key houses that we funded.. he gravitated to larger development deals that can be tough to place.175 parcels pre sold to a national builder who released 3 mil in EM.  22 mil contract to buy exiting first 5 mil  so we are junior but also have a collateral assignment of the purchase contract and other guarantees.. having speed an being the sole underwriter on this one ( ME) based on history( I funded 2 other developments for him one in Colorado one in GA) We got it done..

I still listed them in expenses below for clarity, but if you’re running your own numbers, don’t double-count them.Operating Expenses (Professionally Managed)Property Management: 10% ($297/month)Maintenance Reserve: 5% ($148/month)Vacancy Allowance: 5% ($148/month)Taxes & Insurance: $559/month (already included in mortgage payment)Total Monthly Operating Costs (excluding double count): About $593If you include them anyway, total would be about $1,152, but again — taxes and insurance are already baked into the payment.Cash Flow SummaryGross Income: $2,965 (current) / $3,300 (market)Operating Expenses (excluding taxes/insurance): $593/monthDebt Service (mortgage + carry): $2,271/monthNet Cash Flow: +$101/month now, +$436/month at market rentsCash-on-Cash Return: 1.9% now, around 8% at market rentsWhy I Still Bought Over MarketEven though I paid about $25K over value, the creative financing saves roughly $10K per year in interest versus a new conventional loan.

Examine your prepaid costs for insurance and any taxes.