My spreadsheet also includes FMV of every property so I can monitor appreciation, year over year comparison of tax & insurance increases, current rent & last increase & last amount, etc.

@Ritu MahajanBuild a solid local team, including contractors, property managers, and lenders experienced with BRRRR.

Charge the tenants a higher rent rate and include utilities with their rent.

I am going to talk to my PM about it to see if and how it was done, so if you would like to be included in the conversation or I can let you know, would love to have you there to see how it is done

Heck, I had a pool replastered for $3,700 including chemicals/setup. 

When you are new to the game, agents, wholesalers, other investors, and even you can push you around.

This fee covers all other services from us including underwriting, appraisal, legal, wire transfers, etc.

It will include a compact bathroom, a tiny kitchen area, and a heater—just the essentials to make it comfortable for someone to stay in.

Somehow I think it's better to hold onto my own money and keep that dry powder on the sidelines waiting to get into the game if there are some emergency expenditures (haha, very likely with the kinds of deals I'm thinking about in class C neighborhoods).

@Brian Rocha It’s clear why most lenders insist on including rehab funds in the loan, and all of our partner banks follow this practice for fix-and-flip loans to minimize risk and meet securitization standards.