"Management nightmark" can be quantified into hours the management takes.

Eventually, having som e rehab skills would help your buying skills as being able to cpaitalize on a really good real eastate value also means being able to quantify rehab on a very timely basis....sometimes on the spot as many good deals are swarming with investors.the challenge here....until you have a solid customer base (and even then for that matter) selling real estate, if you expect to make a half way decent wage...is a FULL time job and so is rehabbing for that matter. you might find it helpful to get a job with a home builder as a cleanup guy until you get your license.2.

But I didn't like the terms of the current deal considering how much work the house needed and my own lack of experience at quantifying how much a major rehab would cost.

This stems from quantify what the repair cost actually is.

We have an FHA rehab loan and a decent amount of money (~$100k) - but i have no idea how to quantify the cost to do all of the work.

On the flip side 203k can be great for starting out because it forces you to quantify all the repairs, forces you to take a reserve for issues, and essentially forces you to do everything that you already should be doing, and can be a great learning experience.

Then, start quantifying your 'walk away' point.How much are you budgeting for renovations / remodel?

But the fine print is that they are really giving 416.66 a month and you need to show quantifiable documentation that you are helping youth each month.

Those issues are more known and more easily anticipated and quantified than trying to guess where things in a new construction were overlooked, shortcutted, etc.

I guess I would like to quantify (maybe I mean qualify) my statement regarding "Market doesn't matter".