Appreciation:You're absolutely right that cash flow gives you the flexibility to cover operating expenses, deal with vacancies, and manage surprises early on.

Have you ever encountered unexpected repair issues during a flip, and what was your approach to resolving them?

How often do you reassess your properties for ROE, and have you ever been surprised by one that you thought was low but ended up being worth holding onto? 

If you are also living below your means, saving, and reinvesting after tax dollars you can get the ball rolling faster.Nothing ruins an investing career faster than a surprise $20,000 CapEx bill to a new investor who has $2,000 in the bank and just spent every penny they have on a high risk property. 

We're doing the disclosures now and I was quite surprised at the 2.469% of Loan Amount (points) Origination charge which brings the total Origination charges to $16,500 (Property cost is 645K, 10% down).

If that is now a private residence, you could go after them, but again the best case would be for insurance to handle this I would be surprised even if the insurance company would allow such a claim.

Whereas larger facilities have a larger budget and staff on hand that can handle some of the surprises. 

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

I'm similarly surprised to find that their written OneRate plan management agreement states: "For both Evictions and Other Suits, Owner shall be exclusively responsible for all attorney’s fees, vendor, service provider, expert, and court costs."

I am not expecting it back to the 2020 rates but something more in line with 5's and 6's I would not be surprised.