Roll them all up and the averages are:purchase $154krenovate $47Ksell $232kThese are gross numbers, not including closing costs, borrowing costs, holding costs, licensing and permit costs, G&A, overhead, commissions, forward rate buy-downs, and lease-up fees, to name a few of the many expenses incurred. 

., plumbing, window replacements, and sheetrock repairs), but it still needs work to get the vacant units ready to rent.It’s located in a neighborhood with a higher crime rate but also near major highways and areas with rental demand (e.g., downtown Fort Worth and Texas Christian University).My Goal:I’m focused on cash flow, and this property seems like it could work if I can stabilize it.

(i.e. initial decorating and painting, bookings, rate structures, marketing, bookkeeping housekeeping, etc)? 

You snowball plan has a very high success rate.

You can likely do this with your savings rate (that will likely increase) and age. 

With the increasing number of lawsuits and penalties for TCPA violations, I'd like to cover my backside and remain compliant.How do you scrub your lists to ensure you’re not contacting people on the Do Not Call list?

Until you build trust with a team or contact you should view every property esp a MF that is a larger investment.

Look for your states offer to purchase contract online or contact a realtor to get a blank copy. review the agreement to be sure assignment is not expressly excluded. if there is nothing excluding assignment from the contract then writing the words "/And or Assigns" after the name or company's name on the buyer's line should be sufficient.Good luck!

The first thing that the renters insurance would do is contact the landlord insurance and they would step in on the matter and/or they would subrogate any costs to the landlord's liability insurance. 

I looked at their booking calendar one time and thought it was pretty empty.I guess you don't know until you try...and probably depends on if you want high occupancy or high rate?