Hi Ko - yes, it will, but I am thinking of any initial capex expenses that may be needed before we have the chance to save up from anything coming out of the rent as expenses.  

Historically there is a bad relationship between initial cash flow and long term cash flow.  

The initial spreadsheet was just hours old and therefore was a little rough. 

Initially she was very happy and excited but after a day, she had a disagreement with the contractor and now she's not opening the door for the contractor to come in and finish the work.

This creates a negative initial position.

Hi Rene,I have received four quotes so far:First Quote: $90,000 ($273/sq ft) or $100,000 ($303/sq ft) as mentioned in the initial posting.Second Quote: $92,000Third Quote: $158,290 (Including Interior Design)Fourth Quote: $140,000 - $150,000I plan to go with the first quote/contractor, as they've previously done renovations in the house, and I appreciate both their communication and work quality.

The biggest obstacle I'm encountering now is the making up the initial down payment.

The company is netting 70-80K a year (This is split between my partner and I) so obviously this isn't something right now that I can live comfortably just yet to step away from my full-time job.

My initial goal is to help relieve the housing shortage burden for communities by thinking big and building more affordable housing.  

My initial plan was to do a house hack in whatever market I find appealing.