Basically by doing this I am going LONG USD and SHORT AUD, rewards should offset that otherwise it might end up costing in case USD goes down drastically.. which generally happens if the lending rates reduce by fed.

Basically, he negotiated with buyers to put down a larger deposit upfront, which he then used to fund part of the construction costs.

I just completed my first rehab deal, and I still cashflow, but I can't afford property management without basically negating the rest.

You can:* accept as is (or ask for credits)* demand the seller fixes it and gets town sign off* demand the seller rips it out (e.g. an illegally finished basement)In theory, these changes should be grandfathered in and aside from legitimate safety concerns (e.g.

However, tenants have not been great, basically late on rent and/or leaving repairs that eat all profits.

This law basically prevents wholesaling when the wholeseller owns title.

The technical options are easy to learn, some from books, some from talking with attorneys since they are basically rules you need to follow.  

As with any type of investment, investors should list the estimated costs to calculate their potential profit.Costs to consider on fix-and-flipsRepairs (always be conservative)Carrying costs (interest, points)Monthly costs (utilities, HOAs, insurance, taxes)Buying costs (back taxes, cash for keys, liens, code violations)Selling costs (commissions, closing costs, transfer fees, title insurance)Unexpected costs (add $5,000 to be safe)These are the basic costs investors should consider.

@Albert JohnsonWould not add him...but the reality is he'll still be there often enough to basically live there.

Basically you need to be able to pay a large part of a long-term (multi-year) lease up-front, then still have some cash for renovation and interior/furniture, to finally recoup the investment through STR and a hopefully very quick way.