Issues like contractor delays, supply shortages, or unforeseen repairs can extend your timeline, which adds to your holding costs (mortgage, utilities, etc.).Tip: Factor in extra time for delays and have a backup plan to stay on track.Over-Renovating: Many new investors fall into the trap of over-improving a property, especially when they try to bring in their own taste.

I am looking to network with any investors in the Great Falls, MT area. 

For instance, we bought/sold 5 flips last year so we have 5 "buckets" each transaction could fall in PLUS our general office expenses (Google ads, Propstream, DealSimple, etc.) 

I just had a deal that I was helping @Monica Pope with here in Clevleand fall apart because it was a triple that was a legal double.

Depending on the prices of each one would determine which guidelines this falls under.Happy to connect!

Tenants should be paying for electric and gas in any case.Third thing: make sure that you're scheduling tune-ups, once in the Spring and once in the Fall.

These days climate is a big factor  with Bug kill and forest fires along with Tree huggers and all the political fall out. 

Most recently, I worked with a client out here in Colorado that let their parade of homes house (from 25 years ago) in a gated community literally fall to pieces; mold between window panes, water infiltrating the kitchen due to lack of roof repair, patio pavers crumbling apart, downspout misplacements that caused water infiltration into the living room....just a mess. 

I'm trying to figure out where on the spectrum I fall with risk and leverage

After August 17th they are now required nationally if the agent falls into 1 of 2 categories.