And best of luck on it... that sounds like a fantastic deal for you, and a great way to get a solid property under your belt.

Once you get some deals under your belt and some experience rehabbing, you'll have a lot more confidence.

My wife and I own two multi-family properties under our belt and are looking to buy and hold more.

Get a few deals under your belt first and get comfortable with the nuts and bolts of the business, then worry about such details. 

These guys have a hundred transactions under their belt, they know who consistently delivers what they claim, reliably and on time, and who promises the world but fails to deliver.

Congratulations on getting your first property under your belt!

@Jose Guevarra  also 20 deals a day I would think is puffing in Santa Barbara county.. if it was Wayne county MI... or other rust belt cities with hundreds if not thousands of derelict homes I could see that.

I am in nova too and just like you started in Rei space last year with two turn keys under my belt.

(That's an important question for EVERY property you buy).At the start, you will likely have to wait 6 months for each successive refi, but once you get a few under your belt, with accordingly increased ongoing cash-flow, the seasoning periods might be able to be applied to earlier properties once further appreciation kicks in too, allowing you to speed up your deal-making regimen?

the entire mid west and rust belt and deep south literally hundreds of thousands of homes to buy at that price point.. its all abou t the team.. you can get an idea looking through TK reivews see properties side by side.. then call the owners and chat about them its free etc