Rates and points will be painful.

Groups are a pain and want many bathrooms and don't want to live in a perfectly good house if the local cops are anti-noise.

I haven't been steady in the gym since I had one in my condo building 6 years ago.I feel your pain, brother!

These days, in many areas, you'll have to give some seller concessions, so figure another 2-3%.If you're wholesaling, you'll also want to include your fee.So, with all that, you can back into the maximum buying price.ARV- sell closing costs (8% of ARV, up to 11% with concessions)- holding costs (hold months x monthly costs, ignoring painful surprises)- buy closing costs (2% of buy price plus points on loan)- rehab costs- whole sale fee= maximum purchase price

And they will be a pain in the rear to actually get to finish up all their pieces.

Thanks guys,I am going to follow up with the balancing act and show good faith despite the fact that she is a small monthly pain in #&$&$.

Thank you for pointing that out.By the way, my 30k came from an online business I had for a year, and I feel the pain of putting down 20% on my house, but it enables me to live close to campus for free and put a little extra cash in my pocket at the same time.Now I am just looking for creative ways to make money in real estate and avoid those 8 dollar an hour jobs.thank you for your response!

By having the bill come to me, I know as soon as it can be known that water was overused and I have control of the payments and prevented liens from non-payment.A midway approach I have seen attempted (mostly with great pain) is to have the bills come to you, but make the tenant responsible as per the lease.

That said, agents can really be a pain if they are not investor savvy or creative.

I have also had to deal with identifying and evicting deadbeats and causing enough pain for the criminals that had been hanging around to make them go elsewhere.