The open houses I attended for flips recently - their  costs were around $300,000 for a major renovation  in 2024.

And of course the vast majority if not all got wiped out when I bought at the steps..

Here’s a quick checklist to cover your bases:Property Condition: Get a thorough inspection to assess major items like the roof, foundation, and HVAC—this helps you plan for any big repairs.Financials: Account for all costs, including taxes, insurance, maintenance, and property management fees if applicable.

Proper setup from the start can prevent major issues and ensure you're profiting from the start!

Most of our tenants are traveling nurses since our properties are located near major hospitals in Indianapolis.

I believe all fha loans, as the vast majority of other loans, included a release/forgiveness for the unpaid debt.

This is probably treated as a minor versus major subdivision.

Meanwhile, Paces clients very slowly build up their capital, but we all know the majority will spend it and come right back to the group to let Paces organization fund it so he continues building his wealth from all of these "gators".Do I get annoyed hearing about this every day..YES..Do I think it was a great form of revenue for Pace..YES. 

that is potentially high risk for both of you if the bank calls the loan.and if you don't have money for the down payment, what happens if there is a major expense?

We've had it happen before, nothing major, but just some extra money we weren't originally planning on spending to turn a unit.