I followed the recipe exactly but it is not sweet at all, and there is no whipped cream and no cherries on top, what the heck?"

Typically we don't reduce but we shaved 2,500 off in efforts to get the deal done and we're ready to move forward.

Yes, the Eviction Moratorium(s) have embolden lower class tenants to not pay their rent and take every advantage they can.

Month 1 drawings/awaiting permit to be issuedMonths 2-4 - rehab (90 days for 120k in work), make sure to account for inspections Month 5 1 week touch-up, photos and then listMonth 6 under contract(assumes it takes 30 days to go under contract from original list) and then buyer needs 45 days to close which brings you to middle of month 7.Each project is different and you can shave a few weeks here and there but that's a pretty realistic timeline.

If he was your client you might be in hot water but as long as none of your buyer clients are investors (where they might suddenly see you as a competitor taking the cream of the deals you find and leaving you) you’ll probably be ok.

We shaved it down and hung someecard fresh drywall.

i use a flat fee agent so pay them $250 plus 2% to the sellers agent.your question regarding the return you shoot for is a loaded one. some will NOT use their own $ so the return can be higher (leverage).most shoot for 15%. honestly, it's better to just put your $ into a roth ira & invest it in the 500 index fund. it will grow tax free & you won't pay the crazy high taxes (self employment taxes will cream you) on a flip.most shoot for 15% and it winds up being lower when all is said and done. 

I have very fond memories of riding my bike to Gear Road for Ice Cream at Thrifty's. 

But my houses built in the 40's have given me the most headaches and surprises.  

The problem is, not every REI falls into that group.My guess is the majority of REI on BP are the cream of the crop.