i agree that a new purchase at 75% equity will typically not have significant cash flow and may even be negative when properly allocating for all expenses.Investing to max equity without reserves is risky and you indicate would result in stress.  

A handy search bar in the upper right makes it easy to find previous discussions, blogs, podcasts, and other resources.

One of the best resources I’ve spotted for honest property management feedback-beyond scanning Google-is checking local Facebook investor groups and seeing who people recommend.Anyway, Ethan, since you’ve done a bunch of data crunching: have you or anyone else revisited these numbers more recently, and if so, how have shifting mortgage rates or local employment trends changed your approach?

They instead lack the skill to do a proper bid.

This is a great place to learn and to connect with people so take advantage of all the great resources.

Your main concern should be whether these bedrooms and bathrooms on the lower level are legal and have the proper egress require for fire code and livability.

While both involve finding and properly securing a site and bringing it to full entitlement, the ground-up process includes the land piece but gets way more involved and complex to execute.The full "Monty" for ground-up development needs to include financial literacy, an explanation of metrics, and how they work.

But it can be impossible for others who just don’t have those resources.

We worked him through the process, brought him a contractor, and gave him all the resources along with giving him tips on layout and all.

Quote from @Nicole Heasley Beitenman: When I was starting, I found a resource in FF that suggested pricing $300-500 above LTR rates.