Doing Work Yourself vs.....

[Bryan P.]

I bought my rental property for 22,000. I've been working on this sucker for 5 months after work, 3-4 hours per night and some weekends. Luckily I've only had to pay for 2 months of holding costs. I'm finishing up this week and will have put around 5,000 into the place, plus my own labor (whatever that is worth).

So now I think to myself, what if I just bought a place for 27,000 and didn't do any work to it?

Any thoughts on this? What are considerations when doing work yourself vs. buying a rental that has the equivalent of the total cost, as I've mentioned above?

-Bryan