I am in the "Due Diligence" phase now I will send you an e-mail as soon as it comes time to do the deal.

You have different electrical phases based on your state code. pay attention to outlets locations and what kind of power output in each and why.Plumbing is even more crucial as most of the bad job would be covered up.

I am in that phase where I am reading and learning as much as I can and trying to figure out exactly how I want to "get into the game."

That seemed unrealistically high because he wasn't including vacancy and maintenance.So are you saying it's okay to exclude these items from ad listings, so long as you cover it during the "consultation phase"?

We took it, and had some drama during the negotiation phase.

In Atlanta, this is a process that takes about a month if you don't run into problems any any phase of approval.The only things I don't ask the architect to design are the electrical plans, HVAC, and plumbing.

Again I'm not 100% sure of this yet like I said still in research phase but you may want to look into that some since that will definitely have an effect on your cashflow.

On a plus side for you developers, we are exploding with authorizations for new geotechnical studies and ESA Phase 1 studies so far this year at my day job.

I just wanted to resurect this thread becuase Im zeroing in on what this will actually cost me and what type of income it would generate.Roughly it would generate $11,300/mo (4 3bed, 6 2bed, 6 1bed & Im operating on the conservative side for the rent amount).Expenses would roughly be debt service of about $6,600, $900 for property insurance, Its exempt from property insurance for 5 years (renisance zone), $700 in maintenance, and I would do all the property management.We are talking the place from the gutting phase all the way to turn key for a million bucks.

How can you help in the various phases of real estate investing (acquisition through sale)?