Thoughtful upgrades and efficient project management made this a successful venture, highlighting the strength of our partnership and commitment to delivering high-quality results.

Also should be a new market analysis every time, and with that comes negotiations back n forth with landlord and tenant.

A great REALTOR will help you gather rental history and the cost to own and show you good sites for pulling rental projections, but you will need to do your own calculations.Everyone's mileage varies.

How much upfront costs are typically involved in a project before you know if it's a viable project to pursue? 

I think the before vs after pictures really speak primarily to your experience and ability to execute a project so it can help lenders gain comfort with future projects and allow you demonstrate what level of detail you except out of your contractors.

Purchase price: $170,000 Cash invested: $60,000 Sale price: $280,000 It was my first project.

Hence the “student” doesn’t have the foundational knowledge necessary for analysis and decision making3.

However, as we delved deeper into the project, we realized that a complete remodel would be more beneficial.

What a great analysis.

Quote from @Mani Sundaresan: If I’m financing a rehab project with a hard money loan, do I still need to issue 1099-NEC forms to my contractors—given that the funds come from a loan, which isn’t taxable income?