., electrical, plumbing).Project Timeline:Start Date: For the portion of work they are completing.Completion Date: Set realistic deadlines for their tasks, adjusted to your overall project schedule.Liquidated Damages:Specify a daily amount to be deducted from their final payment if they fail to meet deadlines (with exceptions for factors beyond their control, like severe weather).

Okay that seems like good news for making a BRRRR work in my market since I was looking to spend something like 45-75 on rehabs for these smaller sized homes. 

Look at recently sold properties in the same neighborhood that match the size, condition, and style your property will have post-rehab.

If there are people there will be a need for MTR-- getting your location, unit size and pricing to align is the magic sauce.

"A second question is if I finance the car purchase can I also deduct the business use portion of the interest charged on the loan?"

I got a 1099-INT from him to file my tax, which I paid a big portion out of 8% (effectively around 6% after paying the gov). 

Rate will be highly dependent on loan size, credit score, LTV, location, and property type, as well as a few other factors.

And I copied that idea for the core of my portfolio (although I also invest in alot of passive deals as well, in the satellite portion for a core-satellite approach).

Here in Canada, those taking a fixed-rate, fixed-term mortgage will typically be allowed 10 - 20% prepayment per year and an increase in payment size also of 10 - 20%. 

Finally, even as the landlords cash flow increases, depreciation should keep a major portion tax deferred.