Quote from @Deandre Brown: When analyzing deals, a few additional factors I like to consider are whether the electric and gas utilities are charged per unit or as a single expense.

The entire project took around 3 months with EVERY square in minus the electrical( some added) being gutted and renewed.

Hello, I’m a local investor and general contractor  to St.

Make sure to have your contractor ready and your cash or hard money loan ready as well to work on your repairs. 

It has sat empty for the last 20 years but the current owners have completely gutted it, have bids from contractors they're willing to share, cost estimates etc. and have had lots of inspections done and so much pre-work with the city and county to figure out what they can and can't do, so a solid plan is already in place.

This allows me to streamline operations while tapping into an infrastructure that includes contractor networks, tenant management systems, and local expertise.Scaling Through FlipsNext year, I plan to launch a direct mail campaign targeting off-market deals, aiming to complete 15 flips.

Plus, you'd have no control over the brand, size, or capacity of any of these units.First, I'd want to see quotes from reputable contractors.

I am not sure what contract or form i would need to be using to get a property under contract.

Can you replace furnace, stove, etc with all electric and save 300 to 400 a month there? 

Of course if you are required to pay off the 2% mortgage then your cash on cash ROI goes way down, but with a 30% equity cushion you’re still way ahead.I really dislike contractor for deed, lease option, or not recording warranty deed as “solutions” for the due on sale clause.