Repair costs & credits aside, 203K is a more costly loan that will cut into your equity. 

As an investor and agent here, let me know if you have any questions or want to connect JImmy your going to get your hand slapped if you keep cutting and pasting your replys..

Marginal business practices, bending rules, short cuts... all caught up with him and those (generally) who were not a "quality mentor" or a "quality trainer".

But for those that want proven research this is what I show them.https://www.morpc.org/wordpress/wp-content/uploads/2023/02/P...https://cuchimes.com/02/2024/columbus-boom-population-growth...To answer that question with a simple answer - There is population growth, opportunity fueling that growth and the numbers still make sense when the right strategies are used.

Let's say that next year your service calls to your HVAC provider increase by 50% and they in turn cut your rate from from $3,200 to $3,000.  

O.P.M. is how one scales, and it's rocket-fuel to profitability.

You can deaden the sound with rugs, and even cut out the sheetrock between floors and install some insulation. 

Like you said, I doubt he is really fine with his cut of the pie.

Yes, probably 50/50 to start and then once you have a strong track record with them, you may have the leverage to try to get a higher percentage on your end since technically what you're doing is more time intensive than what they are doing (cutting a check).

@Dawn Brenengen, I guess the votes are still out on whether I'm cut out for this.