Just thought I’d share by experience, for what it’s worth.  I

My guess is 2 months' worth is to establish reserves, and the rest is prepaids on these.

As long as you can afford to make the repairs within the next year or so and you're not spending more than the house is worth, I would move forward with the purchase.

Be careful with that BRRR stuff.I personally would not do Remote BRRR as there is just a lot of risk with 1) risk of embezzlement with contractors 2) change orders and 3) bank doing bait and switch doing a lower appraisal and/or LTV on the refinance.Most service providers net worth is under 500-1M net worth and I just did not feel comfortable working with them because they would screw me over when I wire over 30-50k checks to do work.

PS - I didn't even try for a refund because I knew that was probably going to be more frustrating than it was worth. I

NO, its not happening, this is a FB conversation, NOT worthy of BP.

Hey John, just putting my two cents in here for what its worth. I

@Sebastian BennettI started the education almost 9 years ago when I had no where near the net worth. I

About 80% of my net worth is invested in real estate, real estate syndications, real estate notes or REITs.  

That’s why I politely say sorry can’t help…not worthy most individuals time who could’ve helped these investors in the first place.