I'm not exactly sure how the other BP members assess their percentages, but I'm talking about straight offer price to list price w/ no accounting for any additional financial terms.

If its as comprehensive as we project it to be, the monthly cost should be a drop in the bucket in comparison to the value it generates.

This can make it difficult for you to assess problems in the future.Also, when you buy property that have been converted, likely the layouts are very funky.

We offer comprehensive support, including deal review and underwriting, to ensure you’re set up for success.50/50 Partnership: It is indeed a 50/50 partnership.

I recommend utilizing the comprehensive Rehab Cost Estimate Calculator provided by BiggerPockets.

"Project Costs" are comprehensive and include arch/permits/site prep/contingency/financing etc.

$50k is not enough to make alternative financing work because even at an embarrassing interest rate the investor will only make a few thousand - not enough to justify the time, document prep, risk assessment etc.I'd suggest that you get a realtor to put up the money, take a mortgage plus a few points of the selling price.

A Comprehensive Guide to Homebuying, it's essential to be thorough and methodical to ensure you're making an informed decision but draw boundaries, it's okay to open built-in closets and kitchen cabinets to assess the property, However, respect the seller's privacy by not invading their personal space, such as medicine cabinets, storage boxes, or clothing drawers,Interior:Architectural style.Bedroom and bathroom count, size, and location.Closet and storage space.Number of floors.Sightlines and general floorplan.Appliance age and condition.Light switches and socket count.Plumbing and water pressure.Natural light and views.Noise levels.Stairway width and type.Porches and decks.Garage and parking capacity.Proximity to neighboring homes.Remodeling opportunities.Exterior:Roof and siding condition.Landscaping and outdoor maintenance needs.Additional Considerations:Take notes and photos during the tour.Use your five senses to assess the home's condition.Ask your real estate agent questions about the home's features, flaws, and market conditions.Red Flags:Overly scented rooms.Water stains and damage.Lack of maintenance.Foundation issues.Sagging ceiling.Fresh paint that may be covering up issues.Final Tips:Be prepared to make multiple offers before finding the right home at the right price.Stick to your budget when making an offer.Don't overlook potential red flags just because you love a home.

Nevada has the 4th lowest property taxes that do not assess on the sale of the property, very different than CA.

Here's my take:- The condo in FL Beach is suitable for people who live in the East Coast, especially financial pro.The problem with the condo in FL is the HOA assessment/fee and property insurance.- Hawaii in general is very suitable for people from the Bay Area or socal as there's only 2-3 hours time difference.