The engineer can help with this estimate, but local contractors are the top source for getting this info. 

Why is it that so many General Contractors in the California Bay Area drive vehicles that don't display their contractor license number or business name?

Best of luck with your first deal—this community is a great place to build connections with lenders, agents, and contractors. :) 

While this project progressed smoothly, it reinforced the importance of clear communication and coordination with contractors to ensure renovations are completed efficiently.

We always send a contractor through to test everything and if broken, give estimates to repair and we can determine then if it is tenant damage and what charges to the security deposit should be.

I inquired about the possibility of a two-company structure: A traditional LLC that is the public face of the activities (collecting rents, paying contractors, etc.) and managing the Series LLC with each property in once cell in it (in this case, Series LLC is serving as a holding role).Again, one attorney said that would be much better than a standalone LLC and that is recommended approach, and the other said it is waste of time and money since there are some requirements from Texas Real Estate Commission, which is requiring being a licensed broker in the state to operate in the managing LLC.So, just want to hear what other Texas investors are doing when it comes to series LLCs regarding these issues. 

If the mold is caused by a leaking pipe or water getting in from outside, then you should hire a contractor to stop that intrusion immediately, then dry out the home and remediate the mold at your expense.I also recommend reading and sharing the EPA Mold Guide.

BRRRR is typically more expensive, requires more people (contractors, etc.), but will allow you to build equity up front & potentially refi should rates decrease.

I recently quit my job to dedicate full time to RE investing.Given the macro instability Latin American economies faced for decades, people with savings are constantly looking out for opportunities to invest in the US, specially in RE.So, a few months ago I partenered with a RE developer from my country and we are now focused on getting multifamily deals in Florida.Looking forward to connecting with all of you and adding value where I can!

My team is currently completing about 15 millions on redevelopment projects this years.