Hopefully by then I will have at least a couple wholesales under my belt. 

This will put me in negative cash flow for the first couple years.

Labor/material are going to be different and need to factor that in4) new roof, new HVAC, new water heater, ac panel, replacing plumbing to PVCThese are very variable, if you are getting this from a licensed guy to do it and unlicensed.. is it a big shop or a local shop doing it, is the GC doing it they will put some money on the top so it will be more money5) framing (creating new bedrooms or baths)I would get all these quoted from a good couple of licensed guys and unlicensed to know your numbers to cents

A couple months of vacancy, a soft rental economy, or a major expense could eat up your equity.

Alternately, if you’re going to do this at volume, and you’ll have to since margins here are thin, I would attend some of the lender conferences.

You can pull from the account and have it in your property's account within a couple of days if need be. 

It is exhausting to live in a job site and feel like you are bleeding cash, but we've done a couple of times and still think it's a good idea.

A couple of my clients bought land in Georgetown three years ago when no one paid attention to it; now, they're sitting on equity gains of nearly 40%.

I attended an informational training for beyond bnb, without signing up for their service, I implemented a couple strategies they discussed and found they worked.  

Before you decide to pull the trigger with any Bank/Lender make sure the they are well versed in DSCR guide lines and close more than a couple a month.