I'm currently working on a tool that will help fix and flippers and BRRRR investors with managing their projects and also creating a service for investors to pre-vet and replace labor quickly.

You'll need some sort of active income, whether it's wholesale, fix and flip or lending.

Currently i am doing AirBNB Arbitrage. but i want to move into doing fix and flips and long term rentals. my plan is to continue to get more units for airbnb and slowly work my way to getting my first property. but i would love your advice on things 

Purchase price: $245,000 Cash invested: $50,000 This was our primary residence that we are lived in for 6 years while we fixing up and renovating. 1963 farmhouse that was outdated and loads of half a$$ work and deferred maintenance.

I don't know how much more I should plan on fixing or investing into it.

A capital expenditure is money spent by a business or organization on acquiring or maintaining fixed assets, such as land, buildings, and equipment.

Over the past week along we received over $400M in defaulted fix and flip loans from flippers who were getting 90% acquisition and 100% renovation and the properties are 20% underwater. 

The original issue of the broken pipe was fixed in a day. 

Fix and flip and long term holds.

To fix this problem without involving all of this shenanigans would probably only cost a few hundred dollars in materials and a few hours labor.