as i keep reading through the bigger pockets book on rental investing, i keep running across these sections that say "this isn't expensive and shouldn't cost more than $1000". but I've read things like this multiple times throughout this book.

Having to dig up the parking lot and redo the line to the street and repave can be many tens of thousands of dollars depending on the length of the run involved and how deep the lines are.Make sure you have the full financial numbers from the seller and they verify before spending thousands on inspections to only find out sellers numbers are wrong and they will not adjust the price etc.Hopefully in your purchase and sale contract you had language such as due diligence period does not start until ALL of the items listed are received by the buyer.

First month told permits are taking longer than expected but was told everything was ready before I purchased, following month told footers and underground plumbing was done.Through multiple emails every month being told the same progress footers and plumbing they forget what the tell methe previous month.

Would a bank really loan me money for let’s say 5-10 rentals while I only make $45,000k (debt free)
If so how does it work.

Thanks guys for the help.

The assembly version , has a yearly "fee" , a mandatory registry, inspection mandates, a water tax(for cape cod) and, most ominously, a graduated tax rate applied to owners of multiple properties.Like your area, Cape Cod ,has been a thriving short term rental market long before the internet was a thing.

I will be re-listening to this episode multiple times as I start taking the first steps on this journey.

Usually people just want to break even so they can use it for free multiple times per year.

I am new to the forum and looking to get involved. 

Plus the seller's agent has to tell other buyers "We have multiple offers" and if they say, "oh really, full price?"

And I agree that if I were doing this multiple times that it may look suspicious.