The property was sold to us for $106,000 ($46000 purchase price+ $60,000 for a full rehab to be completed by ABC Baltimore).After 2 years (as of Aug 2019), I am writing to report that I lost thousands of $$ in this investment (breakdown attached).

Rinse and repeat this process over time.

Most cities will have a process to unlock the lots..

& track my job costs against each category so I can compare my budget vs actuals and calculate the variances.For example:Electrical Budget: $4,000Electrical Actual: $6,300Variance: +$2,300This process is more tedious because you have to breakdown each invoice or receipt and allocate the costs to each Category, but it really helps you understand where you are spending your money and why you went over budget.Otherwise, it sounds like you are having trouble measuring employee productivity?  

Having to use their lender is annoying, but for someone who has done it before or at least knows it can be a frustrating process, it's worth it for the deal they give you. 

On an ADU the process can take a year from start to income.  

Had clients use them, and they claimed the process was way too tough of pulling funds. 

However, weigh the costs of selling and the potential long-term appreciation you’d lose in this area.Real estate investing is a learning process, and you’re already ahead by taking action.

I am interested in hearing about your experience traversing the 'green standards' new construction and permitting process in KCMO proper.

With smart negotiations and a streamlined process, we capitalized on the opportunity for a quick and profitable turnaround.