Costs before that (during remodeling) are added to the basis.2.

Feel free to reach out if you still have questions.

From there we identify properties that could have some potential and if you are interesting in diving deeper, 1) we do a thorough video walkthrough to give you a realistic look of the property, 2) we give a ballpark estimate of rehab costs (we do 40 a year with our GCs o we will get pretty close), 3) we talk through market rent with our property management team, ARV, and potential highest and best use.Ideally you find great investor agents who know their market really well and have a network of resources to provide you with enough confidence to take reasonable action. 

Let me know what experience you have and what monthly cost you paid for these utilities. 

We're looking to gather info about likely cost, pitfalls, time required, considerations when obtaining financing, etc. 

But my other unit is less than a mile away with three units and it costs $100 a month for those three.it’s absurdly high. 

The larger the purchase price the greater the spread you need between purchase price plus holding costs plus rehab cost and ARV.  40k projected profit on a 600k project is too skinny for me. 

Hi Michael, I'd be glad to help answer some questions for you and/or locate a duplex that would work well for your goals.Feel free to connect!

It saved my quite a bit on interest costs.

@Jessica Seppo,Many people take the cost of an LLC and funnel it towards more insurance and an umbrella policy.