Financing is one a huge piece of the puzzle of real estate investing.

He did end up asking for it and we did get the reduction, but I am still puzzled as to why anyone would think an inspection was not grounds enough to renegotiate price (or repairs).

But it’s only one piece of the investment puzzle.

Financing is the other piece of the puzzle I have to look into.I am following this thread ;p

I usually use 10 percent of rent for CapEx and maintenance costs and I've heard that could be low.I did some digging online and I couldn't find much about the turnkey company you mentioned, which is puzzling consider they say they have a great reputation.Feel free to message me if you have any questions about them, turnkey or my local market and I can do my best to help.

So if you're gross income is around $20,000 for the year you can figure around $7-8,000 of that are going to go to management, repairs, taxes, etc.http://www.naahq.org/sites/default/files/naa-docum...The final piece to the puzzle is figuring out what an acceptable rate of return for investors for that particular project is.  

The most important piece of the puzzle is generally the banks valuation which gives you insight of what the home may be able to be purchased at.

It is puzzling that you're having so much difficulty.

I could puzzle out how to make a proforma for this, but what I I do that and the land gets sold before I can get the money to lock it down?

Not much equity in either home...Sometimes threads like this make me want to go get licensed out of California so I can solve fun puzzles elsewhere, but not enough to actually do it.Anywho: Hope you got the credit and reserves, because it sounds like you're about to do a batch refinance into your name... clock is ticking.