I'm a bit over budget on those at the moment - looking for ways to bring those costs down though.Todd - Gross revenue for other similar sized units in the area are between $25,000 & $30,000. 

Your focus should be on getting top reviews for your listings so thinking creatively about how you can go above and beyond (within your budget) is key. 

I'd encourage you to try to find the unassuming guy that drives an old truck/car, buys his clothes at Costco, and never brags about how many properties he owns.I'm just a small time landlord but I'd be happy to help if you think that I can be a resource.

Budget traveling into the market until you have all your resources in place 1. 2.

What is the budget you are wanting to stay under?

Wondering what kind of numbers to conservatively budget for a worst case scenario?

Hi Ambrea,To get into fix and flips, I started by focusing on a few key steps that helped me find success:Educate Yourself: Learn the market, analyze property values, and understand rehab costs.Build a Network: Connect with real estate agents, contractors, and lenders.Secure Financing: Consider hard money or private loans for quick capital.Find the Right Property: Look for undervalued homes in growing areas.Create a Detailed Plan: Budget carefully and have a clear timeline for renovations.What worked best for me was staying disciplined with my numbers and always having a solid team in place.

However when I first I submitted a draw request for single family home the lender rejected the project management fee claiming  it was not included in the approved loans budget. 

Hi Kevin,To get into fix and flips, I started by focusing on a few key steps that helped me find success:Educate Yourself: Learn the market, analyze property values, and understand rehab costs.Build a Network: Connect with real estate agents, contractors, and lenders.Secure Financing: Consider hard money or private loans for quick capital.Find the Right Property: Look for undervalued homes in growing areas.Create a Detailed Plan: Budget carefully and have a clear timeline for renovations.What worked best for me was staying disciplined with my numbers and always having a solid team in place.

Hi Chris, how much should one budget for soft cost for a similar duplex build?