Also would love to know from other members how much they spent on the last project and what is a good contigency to put on the final cost for a first timer.

Lastly, know that any conventional loan likely has a 'due on sale' clause, where if you change the title of the property, they can call your note due.

So passing means as much as the passing of SB10 that last I heard was only authorized by a single jurisdiction.  

Bird dogging is a way to make money but its not gonna get you rich.WE have had many do some birddogging for us on the private lending side to find qualified people that need a loan and its interesting how many last a few weeks - I sense the same holds true for real estate bird dogs.

It has sat empty for the last 20 years but the current owners have completely gutted it, have bids from contractors they're willing to share, cost estimates etc. and have had lots of inspections done and so much pre-work with the city and county to figure out what they can and can't do, so a solid plan is already in place.

My last purchase i am up ~$1m working it very part-time over the last 3 years and i have some small (for the equity position, ~3k/month) cash flow.  

The more you know upfront, the less your spreadsheet surprises you down the road.One last note: I’m not a lawyer or CPA, so keep this strictly as friendly advice.

For clarity, when I first started out, most of my bookings were from Airbnb and Pre-Approval is easy to do as a response to inquiries and only lasts 24 hours.

The problem we are having this year is that IHA never stopped paying after the last two residents moved out. 

It's tough, the rents have gone up so quickly over the last few years that rentometer has had a tough time keeping up.