Even though this didn't turn out exactly as planned, it's working, and I'm sure will pay off well as a longer hold.Next project is underway - total opposite - a 2 bed condo in Highlands with minimal work needed.

KDC has two corporate build-to-suit projects underway in Legacy West including a 265,000-square-foot headquarters complex for FedEx Office and Toyota’s North American Headquarters.In addition Chase just announced adding a complex consolidating 10,000 jobs to this area.And just up the highway is the Grandscape development including Nebraska furniture mart.Building on 400+ acres, we are virtually a city within the center of the Dallas/Fort Worth market, an epicenter of growth, in the 4th largest metropolitan area in the nation.And we are attracting the biggest, boldest and brightest names in retail, starting with Nebraska Furniture Mart of Texas, a retail powerhouse that by itself will attract a projected 8 million shoppers a year.Our grand plans for Grandscape include more than just one-of-a-kind retail: Convention center hotel and spaUnique restaurantsAn outdoor amphitheaterAnd more.So this area is still very active, both for sales and building.  

I just gotta get some of these projects underway without breaking the bank.

An idea was presented, momentum already far underway, had built to inspiring action and I heeded the call.The BeginningUp to that point, I had very little interest in real estate or straying outside the familiarity of the W-2 job and “investing” into a 401k.

Will you collect more than $120k in rent (minus expenses and carrying costs while the rehab is underway)?

So, I am wondering about this scenario to see if it's possible: 1) I sign a contract and send it to a seller, who also signs 2) one of my contingencies is about the ability to obtain a mortgage 3) the underwriting process gets underway 4) they approve me and send me the Note, mortgage, etc. to sign (from what I hear) a day before the closing 5) I read it, and find something the bank's attorneys put in the Note and mortgage that is unsettling 6) the bank won't make any alterations to the contracts 7) I decline to get a loan or at least, get a loan with that bank 8) seller takes earnest money because I backed out of a loan.I assume most people are so pleased to get a loan that they just kind of sign whatever is put in front of them.

Another factor is the Nevada restoration project currently under way in the 80905 area code.

Looks like you have gotten a solid direct mail campaign underway and as long as you stick to your schedule, you will be sure to get some call backs.

Will post another update once I get underway with the 2nd. 

Pad out your construction estimates as well, there’s almost always an increase in the scope of work on projects like this once they get underway in my experience.