He has given me a line item quote that includes phasing, budget for materials, etc.

Hi I'm a GC and I use two programs on for bidding which is Joist you can itemize and create individual line items for clients, track expenses and sync to quickbooks (QB accounting software, and Buildertrend which I use for project management, gamut view schedules, payments, and gives access to my clients job progress you can upload photos there everything,  once job has been sold this also syncs to QB. 

On the surface, the HOA fee is merely the “recognition” on a monthly basis of the present and FUTURE costs of building being “worn out”, the “repair reserve” that should be included in monthly HOA is not recognized by small SFR property owners as a cost and hence they have an inflated idea of their net - until a major item needs to be replaced.  

Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Wholesaling" does not refer to the assigning or offering to assign a contractual right to purchase residential real estate.Section 40-57-350.

Maybe that's what you are referring to about the $10K?

I completed a Heloc around 2 years ago with a local bank that I was establishing a relationship with by way of my mentor reference.

Thank you.Get down to brass tacks: Your investment model does not account for the line item expense increases you are seeing.

So a family from another country comes in and mom and dad run the office - daughters are the maids, son and dad do the repair work, oldest son or daughter going to college is the night manager, etc.Further, they reach agreement with the bigger motels in the area to refer customers to them when the bigger motels are booked to capacity.   

Remember, they can always refer themselves😊Now, make it a goal to call at least 5-10 of these people EVERY day and ask a MAX OF THREE off the list below of who do they know that:Just inherited a homeHad a loved one pass awayIs behind on their mortgage or tax paymentsHas a relative that can’t take care of their house anymoreHas a house they’re having trouble sellingIs facing bankruptcyKnows a probate attorneyKnows a bankruptcy attorneyetcWhy only three off the list per contact?