Some desperate first time home buyer will totally underestimate the work and pay full fare.

My total expense ratio on each property I own ranges anywhere from 40%-50% annually, but I also self-manage and am not a slumlord (I am pro-active with maintenance, not reactive).

Over the summer I used a VA loan to purchase a 3br/1b per unit duplex that I'm currently house-hacking, doing a live-in remodel on the second floor with the first floor totally updated and occupied with college students.

Also, I'm not sure if you are demoing an existing structure, if the structure is freestanding, etc, but this will obviously greatly affect your overall budget.For our project, most of the material prices are in line with expectations, but where we've been shocked with recent increases is the soft cost. 

Whether it’s Providence, Omaha, Austin, or Phoenix, I’ve got the network to help you find the best deal and make it work for you.Best of luck.. and welcome to the investing world; it’s a wild ride, but one that’s totally worth it!

ya I got totally home runned on a 40 lot development I was doing just north of town was in the county but the polictics are the same. 

Or…Are they saying they have a buyer and they’ll charge 6% total?

Propstream is very simple to use, I would totally recommend it.

This can end up costing thousands more dollars, which can obviously affect your margins. 

 Hey Justin,I wont be able to make it today, but lets schedule a time to grab coffee.I believe we met at a Meetup at The Guesthouse a few months backShoot me a DMahhh dude you're totally right!