Prepare yourself to hear a lot about Columbus over the next day or so.

I've learned so much on BP, mostly from lurking over the last few years as I prepare to shift full time to RE. 

But in real estate there are a lot of random variables that happen throughout the process so get prepared to roll with the punches.

Honestly, I think this could work, especially if you are already preparing for the audit in terms of documenting and taking pictures, etc.

Be prepared, but don't lose sleep over "what if" scenarios.

I bought a house at a foreclosure auction and am in the process of signing contract and preparing for closing in 30 days.

There are exceptions, but plan on that amount and you'll always be prepared. 

Hello, I'm a start up preparing to begin investing in fix and flips in the next 3-6 months. 

Corp return for each unit plus annual $200 fee to North Carolina plus K1 preparation.

It is to prepare you for the inevitable and create a Defensive position.It is calculated using Rent.Example: $1,000/month rent - set aside $50/month for CAPEX, $50/Maintenance & Repairs, and $50 for Vacancy.