You should review the comps and cash flow predictions to make sure you're hitting your metrics. 3.

Here are some insights and advice to help you navigate your real estate journey.Fix-and-flip Points to Remember:Make sure you comprehend every aspect of the renovation process, including precisely predicting expenditures and adhering to deadlines.For the refurbishment process to go more smoothly, establish connections with reputable suppliers and contractors.Always keep an emergency money on hand in case something unforeseen comes up when renovating.Financing: Look into financing choices for prospective rental properties as well as fix-and-flip projects.

@Jordan Hanks - Some companies including Evolve Vacation Rentals charge 10% for booking and marketing, with extra fees for cleaning, re-stocking, etc.

Id look at high yield CDs, money market accounts, dividend stocks, bonds or something like that. 

Facebook knows everything.YET not even Facebook can predict who is motivated.  

I actually don't like the idea of paying off a property either though, I think one of the biggest reasons for investing in real estate instead of the stock market is that real estate is setup to use debt as leverage.

Our market is very competitive and the margins are slim, but that means that selling is quick and fairly predictable.

Pre-recession stocks were flat for a decade-ish plus.

The former involves lower monthly payments but requires a lump sum at the end, while the latter has predictable monthly payments but might be higher.

Formula's and calculations certainly can predict or provide recent averages, but when the rubber hits the road we all want to know the exact amount of money in our bank account.