In 2023, gross ROI for flips averaged 27.5%, but net ROI (after all costs) is usually 10-20%, calculated on the total investment (purchase price + repairs). 

It was not a total home run, but it was probably 10k  better than what I would have done on MLS.

When you say you can refinance your VA, have you checked at your total allotment for VA loans.

Unfortunately, Texas has a law prohibiting HELOCs on rental properties and I believe they also have a 70-75% max total loans allowed on the property which cuts into the equity I've built and would only allow for me to access 30K which would make it less appealing to go through the process for only 30K.

- What portion of the total budget should be allocated for marketing and insurance?

Additionally, it can help maximize renovations and improvements.20% of the total depreciable basis was classified as 5-year class life.

Email, txt both constitute written notice.I forgot that was your hood!

48224 is pretty good zip code $100,000 as your total all in investment just to make $1,000 is a little high.

The locations I am looking at (suburbs reasonably far from downtown and the Tech Center) have seen 3 total transactions in the last year.

Let's get something together. ... and sorry I'm totally spamming this thread but I'm just excited I found it!