I believe it is at replacement cost, but I am not 100% confident.

Given the location's high demand and appreciation rates, if everything checks out and you feel confident in the repairs promised, it could be a solid investment.

For example in DFW get a good understanding and confidence on the rental cost per unit type and what the sizes get where in the area.

Rachel left her engineering job to broker full time too.I'm happy to help you gain some confidence evaluating properties (whether it's BRRR, ADU conversion, or DADU development) and build your team (contractors, conventional lenders, hard money lenders, etc.).

If it is vacant, you feel confident and comfortable with the other contractor after doing your DD AND they have a lower quote, why not give them a go?

Following David Green's Core 4 strategy (realtor, contractor, property manager, and lender) gives confidence to invest anywhere.

My next goal was to make 50k with stocks crushed that one.My final goal is to flip a house to secure a second property but I'm actually lost on how a flip actually works mainly the lending and financing part , I don't want to jump into something I'm not fully confident about if. 

While demand has softened slightly this year, (due to cruising or overseas travel) the travel industry is confident that next year will be particularly strong due to the opening of Universal’s Epic Universe theme park and new Disney attractions.

I'm still in early days of building up my business (and my experience... and my confidence), but I think I would be a good property manager if I were to scale.

I'm confident someone with more expertise will offer more helpful insights soon.