I did a Search down in the Venice area where my friend has three houses and her friend just bought a small house with two trailers on either side of the house that he can Flip, without lifting a finger, for $30K more than he bought it for.

Fingers crossed for a smooth transaction at closing.

I am awaiting the upcoming appraisal of my house, keeping my fingers crossed that it is high enough to result in a big enough loan to make it work.

He still works for me occasionally but not as a regular person, and I count the tools and make sure the keys are not in his possession.My nephew is a contractor hires mostly guys from Teen Challenge, he's watchful and pretty much knows what's up,, any questions and usually one guy will point the finger to the one that got out of line.So from a person who's been there and done that.

Anyway, that sort of stuff aside, the details of my expenses are as follows:Repairs & Maintenance - $1787.27Tenant Sourcing Fee - $0 (however, there are $5085 worth of debits / credits in this group, as described above)Insurance - $1660Mortgage Payments - $14,456.70Landscaping Services - $1440Utilities - Electric - $928.04Utilities - Gas - $1133.64Property Management Fees - $2885.52Utilities - Water - 568.28Unless I fat fingered something, those should add up to the $24,859 expense total, resulting in $13,009.55 in net income.

We are submitting an offer with a contingency of our house being sold, while keeping our fingers crossed knowing banks don't really ever accept that.

Cross your fingers . . .

Used to pound those nails till your fingers hurt.If you can paint you can roof.

Cross your fingers.

I did not do that so I cannot tell you all that is involved there.To setup a Nevada LLC to do business in Nevada, there are some fixed and variable costs.Fixed costs (as stated by the Nevada Secretary of State):1)  $75 filing fee2)  $200 state business license (which you will need, even if you are only 1 person)3)  $150 filing fee for List of Managers4)  I believe you also have to pay for a registered agent, but my lawyer handled thisVariable costs:The preparation of the following documents, which you could do yourself for free, or cross your fingers and use a template from the internet.