Just because it may it happened quickly or it was unexpected doesn’t mean it’s not in the right alignment for your journey.

I feel like your numbers could exclude unexpected expenses that ALWAYS come up in a rehab.

Just a few thoughts: - Get a thorough inspection- Get 3-5 estimates from GCs- Pick the right ‘genre’ of GC (fourplex and smaller usually falls under midsize or smaller GCs) - Always check license numbers and if you’re repairs or more than $25k, request references/info for 3 past similar projects with pictures or check social media and reviews - Get a service agreement in place before finalizing your deal and make sure the estimates cover everything in your inspection report and nothing is overlooked so there’s not as much unexpected cost that pops up.

Being in a rural area there were unexpected costs and a difficulty in finding vendors.

For the latter, only thing is if the inspection show something unexpected (eg needing a new roof when it is obvious that the current roof is toast won't fly) or it appraises lower than your offer.

We encountered termites along the way and some unexpected foundation work that needed to be done.

I would make sure you have enough margin on this deal to cover any unexpected problems.

He executed on three of his four value upgrade strategies and unexpectedly received an offer six months later.

@Devin Duval The only thing I'd caution you on is any unexpected renovations that might be needed.

The reserves are for unexpected repairs and vacancies.