Every deal is different, and every person is looking for different marginsAfter Repair Value (ARV) - Rehab Costs - Purchase Price - Fees (holding costs, closing costs, selling fees) = Net Profit (before taxes).Are you ok with the net profit based on how long it's gonna take from start to closing? 

Big demand for auto repair or auto accessories.

Covering a significant portion of my mortgage has been a great reward.Solution: My four levels of vetting have helped me find quality room-renters over the last 18 months.I think you already have the answers to your situation.

But what you will find is that most repairs are pretty easy - and if we don't want to mess with it we will call someone ourselves... but someone we know is going to shoot us a fair deal.

Build a local team for cleaning and repairs to streamline operations.

This was an Oct 15th acquisition and took about 2 months to clean out and repair/rehab. 

Alternatively you may decide not to address the capex but be prepared to deal with high frequency maintenance requests with duct tape repairs. 

I'd love to have a small line of credit on the property before the end of the year to cover any other repairs or upgrades that will need to go into the property.

This strategy can allow you to scale into a bigger or better-quality property while maximizing your equity.When to Start Looking for PropertiesStarting your search before listing your current property is a smart move.

I agree different city if your talking school district quality that is a huge issue to me.