With experience, expect 15-20% on 5+ unit properties. 

There were a lot of costs that we didn't expect like the plumbing had to be completely redone.

There were some communication learnings on this project where I acknowledged to emphasize expectations.

Rates and expectations vary depending on the relationship and the investor's comfort with risk.

With ongoing developments, including the Franklin Yards project and FUSE District revitalization, property values and rental demand are expected to rise.Kannapolis (28081) – RTP & Growing DemandReturn on Investment (ROI): 7%Rent-to-Price Ratio (RTP): 13.30Average Price per Sq.

What can I expect for timeline, potential issues, rough costs? 

If you do decide to start flipping homes- as a new investor you can either self finance with all cash, or you can contact a commercial lender like myself and expect terms to be 75-80% of the purchase price with 100% of the rehab financed through a draw.

@Isaac Terry Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Must have solar, ev charger etc.My materials distributors are expecting more inflation.Homeowners insurance is still going up.I wholly expect CA residents to continue to move there (wished I'd bought there!

I own a duplex in Clermont, FL just outside of Orlando and initially wanted to split water meters between the two units, but the cost and amount of work were higher than expected.