Purchase price: $275,000 Cash invested: $30,000 We were able to buy a two-flat on Madison's east side for $75k under list price.

Flat for the ceiling.. 

@Kim Durst Actually, as long as the cash out of pocket as opposed to it being baked in the price is not a problem….I would Much prefer to take the price reduction and fix it myself.

John Erickson The reason HostAway doesn’t show pricing is because it’s flat rates per listing and gets lower depending on how many properties you add on.

Between the market rate of the services I offer and at least several months of holding costs I can eliminate, I know that I can bake some legitimate value to a deal however I have no direct experience packaging that value way that could help secure financing.And that’s essentially where my research is currently focused!

However, there is no reason to pay a flat rate to anyone.

For example, if you live and invest in VA but spend $4,000 in travel searching for deals in FL, travel costs would not be deductible until you close on a property in FL. At

I'm assuming you are hiring a builder which is why I put that in the price. if you are general contracting it yourself you could hire an owners rep for maybe a flat 20k and drive the cost down by 50k and get it just to a lucky two bedroom, 1 bath per side.

Property management company takes a flat rate fee of 225/month.  

Days on Market, or the actual time it took to lease a home, was flat at 41 days.