Managing the rehab budget, need to get better at it as inflation continue to rise and labor and materials continue to increase

I also have friends that won't pay anything other than materials until the job is done.

Hello @Reagan Barron - Is he charging for materials only or is he also charging for labor? 

I'm really not trying to sell anything with what I'm about to share here, but knowing that I wanted to invest out of state I turned to David Greene's materials on Long Distance Real Estate Investing.

I capture different formulas for buy/hold, rehabs, loan costs, material costs.I made one excel workbook with several different sheets.

I am planning to excavate my project site at 1893 N US Highway 1, Fort Pierce, Florida, and I require approximately 45,000 cubic yards of fill material.

Any such repairs made by Landlord will be billed at market rates plus the cost of any materials.

I’m looking to buy it as an owner occupied primary residence while living in another state but I am open to moving if it is required.Yeah, it's mortgage fraud to make false statements on a loan application or to leave out material information.

There's also the option of sweat equity if you don't have the capital to pay for the remodel: In other words, buy the materials and do the work yourself over time.

Hey @Christian Hanus, LLC are passthrough entities for tax purposes (unless you elect to do c corp which is not applicable here) So you hiring yourself to do your own renovations really doesn't do anything material.