deep down, what I like about it is the cost is higher, hopefully there are less people there who have zero money and are like the peddlars at the street lights trying to raise a $500 EMD money to wholesale a property they have never seen 2000 miles away. 

Purchase price: $163,400 Cash invested: $25,000 Sale price: $240,000A buy&flip project on a Single Family House10K - Flooring, Trims and baseboards8K - Interior Painting3k - Updated water heater, and gas permit2k - Other minor fix, ceiling fan, windows, light bulb, new fridge, and more2k - Holding cost, HOA, and other related utility feesTotal cost of repair - $25k

We had the green light to close up until a few hours ago.  

I'm selling my furniture if you have a home you want furnished for a STR.  2bd 2 ba 1 yr old lightly used great condition from in a luxury vacation rental apartment. 

The lack of clear communication from the lender left us in the dark, wondering if this deal would ever see the light of day.The night before closing, we were still in limbo, with no confirmation that the deal would go through.

After putting in some light renovation in the property ($14,000 total) we are aiming to get $1,400 per unit.

The truth is that any data or track record can be interpreted in multiple ways, and each sponsor will naturally present their results in the best possible light.

In my experience things changed drastically after the implementation of DF.My questions are genuine with no inferences.

You can target properties that need light rehabs to start.

However, fees should mainly 'keep the lights on' for the sponsor.