List source is still the leaderIf you call in Monday ill be happy to explain if im not in ask for Norma or Patrick.

This was the simplest way I knew how to explain to an everyday person around the campfire when we 'retired'.

So this would explain why new payment requests are on a Chase Bank account.Remember to get releases of liens from all vendors and subcontractors before making payments.

I do not break them down into categories, however I explain what work was done in the memo line so if I want to know later I can print the report and add to an Excel spreadsheet.Attached are screenshots of a sold property.

I explained that in the Great Depression there was these camp's of people without work, people needed to eat, and back then they were begging for work to get the $ to eat vs today when people just ask for the $. 

Let me explain that better, imagine your rehab is $100k, you would need to do part of the rehab, maybe $10k, and then you can get the funds for those first $10k reimbursed so you can keep progressing with the rehab.Given your experience, I would recommend you start with a moderate or light rehab, mostly cosmetic work so that you can do it yourself and won't get your profit decreased by hiring third parties.

@Nicholas L.Hey Nicholas can you explain more about what you mean? 

Thanks for explaining!  

Instead of reading one of the many books and podcasts BP publishes on the foundational elements associated with REI, they would prefer that I take 1-2 hours out of my day on the phone to explain everything.

Give them proper notice, keep it friendly, and explain it’s all about fairness to match market rates.A little empathy goes a long way—help them understand the rising costs, and they might just thank you for it (okay, maybe not thank you, but they’ll get it!).