Cook , he's an expert on the mountain. 

Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.

This can be extremely costly.We have a two step program has no waiting period at all and will end up being quite a bit cheaper then the 3 month waiting period on closing costs, rate and NO pre-payment penalty. 

Its extremely important when running tighter margins like what you're talking about to focus on age of HVAC, water heater, appliances, roof, etc.

Establishing a relationship with a few of them locally or nationally [if you have a network] would be extremely beneficial.

Knocking off $4k for that additional bathroom let's say it's $170k ARV, looking at this for a flip and using the 75% formula and a $120k buy price that only leaves $7500 for a reno budget - I'm no expert but I'm pretty sure it'll take more than that! 

.: @Damian YoungInteresting... but not for meFor starters, while I am not the expert in this, making a loan that you don't expect the borrowers to pay back is somewhere between unethical/immoral and predatory. 

A while back I was listening to an older episode of the Bigger Pockets podcast back Michael Greene was still hosting and they talked to an insurance expert. 

More broadly, would be great to connect with local experts on this forum. 

But also if I'm able to make a deal with the tenant for an early 10 year lease renewal I have the option to sell and reinvest.Any help from you experts in the field would greatly be appreciated