If you just hire the cheapest or first PMC you speak with and it turns into a bad experience, please don’t assume ALL PMC’s are bad and start trashing PMC’s in general.

Oddly enough, we had it under contract about 48 hours after listing it.

There is a lot of research to be done to make sure it is feasible before you start the project. 

This includes critical programs such as: Social Security & Medicare, Medicaid & SNAP (food assistance), Pell Grants & Head Start, and Rental Assistance Programs". 

This allowed Jerry Scott and Chad Wolfe to focus on the execution of the project without needing to invest their own capital upfront, ensuring a streamlined process from start to finish.

How was that process starting for zero?

Then once I find a property that I like to buy I'll start looking at the comps in the area that have been rented and are currently on the market to be rented and make sure that my mortgage payment will at least break even with the rental comps.I'm using rough estimates on Zillow and websites alike.

@Robert Kline, I would start by talking with your local building department. 

Kid in college and one starting to drive   blah blah blah.I'm sure there are numerous places to cut money for sure. 

Action Steps to Start Building Passive IncomeResearch Your Market: Determine whether your area is better suited for short-term or long-term rentals.