Compared to rehabbing where the asset is already there regardless of the repairs needed.

Repairs were needed and were finished by early december.

Is it a good idea to do tile grout repair for 300$ or replace tiles with LVP in the kitchen?

Most check-ins/out should be close to automatic.With our 12 properties (9 ours and 3 cohosting) we get 1 phone call every 2-3 weeks. 

Say 50% of that goes towards repairs/maintenance/vacancy etc.

Taking phone calls or making cold calls?

*Renovation Costs – Includes labor, materials, permits, and unexpected repairs*Holding Costs — Utilities, property taxes, and financing costs during the renovation time.

No lender will lend on a deal that doesn’t make sense.4) After the appraisal comes back you will get a document that outlines the amount to be borrowed and all fees that will be relating to the loan (I would suggest to ask for an example of this document when you are searching for an HML so you will know what fees are going to show up).5) Close the loan at a title company of your choice.6) Begin work and make draws on any repair balance.

I'd be happy to talk w/you on the phone and maybe meet some time for coffee. 

New Roof, Foundation repair, New LDL flooring, Drywall work, New paint, doors, trim, appliances and new full bathroom on the 1st floor.