When you upload a list, it'll state that over 70% of your phone numbers are invalid.

*Renovation Costs – Includes labor, materials, permits, and unexpected repairs*Holding Costs — Utilities, property taxes, and financing costs during the renovation time.

That affects your loan amount and then principal & interest payment.2) Estimate rents based on recent rental comps3) Account for all operating expenses such as property taxes, insurance, repairs & maintenance (landscaping, snow removal, cleaning etc), property management (if applicable), vacancy, utilities (what does the tenant pay vs what you would pay?)

Hey Denny - For rehab costs, a good place to start is breaking things down room by room and getting rough estimates for common repairs like the roof, HVAC, kitchen, light cosmetics, etc.

The management company has replied that they don't coordinate with neighbors and just want me to cover the cost of all the repairs. 

I'm in Detroit now for inspections on one and to generate the scope of repairs on the other.

During his lecture, he went through a phone script and said it would be given out to anyone who attended the training. 

Just as I was scrambling to figure that out, one of my tenants also moved out, leaving me with thousands in repairs and a vacant unit at the worst possible time.I had zero reserves left because I had just paid back the money I borrowed to close.

Beware...I also have found some of Foundation Property Management's repair costs to be unreasonably high.

She's on a fixed monthly income and cannot afford home repairs.