I bought a house at a foreclosure auction and am in the process of signing contract and preparing for closing in 30 days.

There are exceptions, but plan on that amount and you'll always be prepared. 

Hello, I'm a start up preparing to begin investing in fix and flips in the next 3-6 months. 

Corp return for each unit plus annual $200 fee to North Carolina plus K1 preparation.

It is to prepare you for the inevitable and create a Defensive position.It is calculated using Rent.Example: $1,000/month rent - set aside $50/month for CAPEX, $50/Maintenance & Repairs, and $50 for Vacancy.

we are preparing a map of the zip codes, similar to the one in Memphis, TN (murder capital of the US) to allow us to concentrate in areas that are conducive to invest.

Be prepared for large assessments you'll possibly need to pay into, and I would make sure the majority of the condo is STR already in a large vacation market.

Typically need to be prepared to put down 25-30%.

Below are a few ideas to think about.Appraisal Concerns: Include a clause in the counteroffer to address any potential gap if the appraisal comes in lower than the offer price.Closing Costs: If the requested $10k seems high, propose a lower amount or adjust the sale price to cover some of these costs.Escrow Deposit: Counter with a higher deposit to ensure buyer commitment.Financing Contingency: Make sure there's a clause that protects you if the buyer’s financing falls through.VA Requirements: Understand and prepare for the specific requirements and inspections associated with VA loans.Professional Advice: Consult with a real estate agent or legal professional for tailored advice.Communication: Maintain open communication with the buyers for a smooth negotiation process.Best of luck with your sale,KC

I’ve been a licensed agent for 8+ years and have managed rentals here and there on a smaller scale but now fully prepared to build a business out of it.