Whether it’s sprucing up a property with a few renovations or doing a full-scale flip, a good contractor can make all the difference.

Renovations are almost complete and will be looking to rent out a unit.

I would be cautious chasing the 1% rule, a lot of the time it puts you into less desirable neighborhoods or into properties that haven't been completely renovated.

Things that AI won’t know:Market rent as isMarket rent renovatedCost to renovateSpeed at which renovations can occurLease up rate once renovatedInvestors learn all of this by doing work in their market.

The rent increases are with no added renovation besides typical unit turnover.

Even with renovation costs and insurance costs the fix n flips are still making money.  

The property took $350k to renovate, on what was originally a $210k budget, but we transformed it in to a gorgeous 4,500 sqft, 7 bedroom, 5 bath, luxury Airbnb.

Please, no solicitations.Use the renovation/acquisition loan products that require 10% down on the purchase and you should be able to get a few going at a time.

At the time, we were new to the market and, admittedly, didn’t conduct thorough due diligence before buying.We purchased a property in the Atlanta area, renovated it, and listed it for sale.

@Matthew Cook I would NOT pay for the renovations unless I was on title or had a very formal contract written about the split of profits.