Especially for the cost.

Effectively good egg is simply a P.O. box that takes a Commission out of your hard earned/saved money, in return, for purportedly providing due diligence to vet the potential projects and sponsors, on your behalf.

Evaluate potential rental properties with a keen eye on location, cash flow, and potential appreciation.

It always takes longer, costs more and has more challenges than I originally thought.

Variable cost and CapEx are where I see most investors make errors on their Pro Forma.  

For these, costs tend to double across the board, especially for older buildings.

Another good thing about that is that you can do a cost segregation study based on the percentage of the house that is being rented to your house mates.

I've done this on one house in order to cut costs - since then, I've added a meter with the utility company but it's a good workaround for the short term. 

So for the first property which will cost over $1 mil to construct, there will be stacked loans, essentially $280K will come from loan assistance program,( the name is not correct but the same idea).

If you can be around there that's a great area, or if you are okay with being further out you can look in Buckey potentially or Queen Creek.