I have limited experience in the real estate space but flipping homes has always been an interest of mine.

If I ever decide to ramp back up the volume then private money is a no brainer.Crowd funding will be an interesting space to watch develop over the next few years.

Internal obsolescence can be controlled or modified, such as a floor plan requiring traffic to go through a bed room to enter a or the only bathroom, or having a bedroom off a living area requiring traffic to go through a living area to get to a bathroom.Social aspects, popularity of an area, shift over time and may change the market aspects of any residence.It's rather naïve to walk up to any property and declare that the property will be purchased and kept forever if it is influenced by community factors.

Option C is spending ~2-3K to purchase furniture/furnishings and store it in a garage we already own and have ample space in.The AVR of the house is ~175K, so we're looking at 1% of the price of the house.

I've read stories of people going through heaven and hell to get the contract and pocket maybe upwards of $10K (which is a big profit in this space as I understand it) fully knowing that the investor they sold it to is going to make at least that and probably a multiple of (not that their job is any easier).For all of that work, and assuming it really is the great deal you are marketing to your investor network, I'm wondering why not see the deal all the way through the flip and maximize your upside and the effort you put in?

I am figuring 58K 'All In' The current rent is $700, but I feel it could easily be $850 or so, but I am basing my figures on $800.The house has had new roof, windows, siding, water heater, and flooring in the last few years.My rough figure are;8800 Operating Income$3800 Expenses (only about 40% since all the recent upgrades)$5000 NOI - $4000 Debt Service= $1000 Cash FlowNot quite $100 'per door', but I would also be building equity at about $100 a month, along with likely appreciation of $100 - $150 month.

We attempted running a space heater under the sink(next to the dishswasher, where the drain line arrives to feed the water into the garbage disposal, but even after a few hours of that, we ran the dishwasher and it failed to drain?

This house is smaller, 2br 1 ba 940sqft, and i was looking to add space for another br/ba ~300 sqft??

A small example of this was the very first rental I got was already in decent shape, but I really went through and updated it as well as added a permitted bed/bath combo in some existing unused open space (if you can't do the work yourself or don't have a trustworthy contractor, it makes a lot less fiscal sense).

Why is a half bath & a bit more space worth 40k more than a 2 car garage, for example?