And to top it off, the letter stated 'with capital up to $300,000' and found out from the SOW we provided to them for $65,000 in rehab fees, they were only giving us $40,000. 

Assume at the end of the contract the tenant moves out. 

Consider reaching out to private lenders, accredited investors, or real estate crowdfunding platforms.

He's posturing for another run in the US gov't, so Desantis needs to stand out.

Deduct NEW property taxes after you buyDeduct home insurance costsDeduct maintenance percentage, typically 10%Deduct vacancy+tenant nonperformance percentage(we recommend 5% for Class A, 10% Class B, 20% Class C, good luck with Class D)Deduct whatever dollar/percentage of cashflow you wantNow, what you have left over is the amount for debt service.Enter it into a mortgage calculator, with current interest rate for an investment property, to determine your maximum mortgage amount.Divide the mortgage amount by either 75% or 80%, depending on the required down payment percentage - this is your tentative price to offer.If the property needs repairs, you'll want to deduct 110%-120% of the estimated repairs from this amount.Be sure to also research the ARV and make sure it's 10-20% higher than your tentative purchase price.As long as the ARV checks out, this is the purchase price to offer.It is probably significantly below the asking price.

M1 Finance is supposed to be coming out with high yield at at least 4.50% APY next month.  

This means you must always be able to rent out your properties at faster than inflation rents.

With the flip we sold last year, everyone I showed the house to when selling pointed out the unique things of the house.

With the increased competition, it’s crucial to prepare your property to stand out and work to address obvious buyer objections prior to going on market.

Local and just starting out.