I have sat in on other 1031 Exchange presentations where a Qualified Intermediary has said you can refinance as quickly as it "takes to make a cup of coffee" after the purchase.

The previous buyer fell out of escrow and he was hoping I could do a quick purchase to get it off his books.

I'm not sure of the exact dollar amount, but I believe if the grantee quick claims the deed for under that amount you avoid the transfer tax.

Cash invested: $80,000 Acquired this property Sub-to as a quick flip with minimal repairs required.

You should be able to get a reasonable idea of the construction cost fairly quickly.

A safe baseline is 5%–10% for vacancy, with C class properties often leaning toward the higher end due to more transient tenant populations.As for maintenance, the percentages they’re quoting—2% for B class and 7.5% for C class—are on the optimistic side, especially for long-term projections.

Many novice investors focus on scaling their portfolios quickly and overlook these important facts.

Its hard to be optimistic though when then change things so quickly.

Another friend who invests heavily in Phoenix shared a story about her first deal there..she jumped too quickly into a duplex without adding a little cushion for those first-year capital improvements.

My target purchase price is ideally under $150k as my long term goal is to pay them off as quickly as possible.