Annual revenue for a small 2bed 2bath cabin is basically the same.

I recently watched a video where Troy Kearns mentioned he could source a high-quality quartz slab for $100 from China, which got me thinking about exploring similar options.Has anyone here ever imported materials like hardwood floors, countertops, or tiles from China for a project?

Projected expenses won't be enough.

And no again if buying a rehab project and if  you cannot visit during the rehab process.

I think you have the basics of meeting partners and people to work with in your local market and seem to be well on the way with two deals going already so big congrats there!

This is a significant down side to me as a long term investor as it basically wipes out your cash flow. 

I’ve got a few rental properties under my belt and am now diving into value-add multifamily projects to grow my portfolio.My focus is simple: build wealth, create opportunities, and enjoy the process along the way.

@Jermaine Wesley thanks for sharing, as a retired Navy veteran I am stoked to see that you Mr deployment savings were supercharged by this project!

This generated $2M+ in equity, and thus is highly lucrative, but takes 2-3 years.Note worthy: I am located in California, but I did this project in Canada.

I bought 14 houses basically for free by harvesting the equity in my houses by doing 5 cash out refis.