Specifically, a more accurate estimation of the cost to finish the property.End plan:5 Units total(x4) One bedroom efficiencies with garage(x1) Two bedroom/Two Bath with four car garageRepairs/Construction Needed:- Complete two bedroom unit already in progress- Build out the four one bedroom units- Pour concrete driveway and lot while leaving the front yard area- Exterior paint and landscapingThank you in advance for any input!

This keeps you in full control of project scope and progress, but likely extends time frames for each project (you would probably only have capacity for one at a time) and puts you in a greater equity risk position.

It's like a blackhole - once it's starts it's nearly impossible for these places to reverse the trends - a few places in KS have gotten better - Dodge City, Garden City, Hays - they hang on and are relatively "progressive" (I use that term loosely) compared to their other rural neighboring cities) and have found a way to survive and somewhat thrive in today's society.  

Friends, I love using spreadsheets and I have made a list of what I need to do from now until I have a rental in my name.  If you would be so kind to view it and pick it apart and tell me what should go where, what I ...

I've created a Facebook page ( Tide Roller Properties @tiderollerproperties) to document progress. 

The normal insurance companies you see every day on TV, such as State Farm, Allstate, and Progressive, don’t offer these policies though they will happily sell you a homeowner’s policy if you ask.

If you submit an LOI and then check out the property and don't want to progress any further then all you have to do is tell the broker.

His other line items I'll ask to only give him enough to get materials and pay him once project starts, and the remaining of the 30% based on work progress, so I can protect my own assets.

@Sasha Josephs i have been long distance landlording for quite a while now. rehabbing outside of my local area was a breeze to be honest. i have a team i can trust and i just made phone calls and checked on progress when necessary. if i was in the area, i would be there swinging a hammer until 3am everyday. for me, i am better off far away. i have not done any local rehabs. i flew back to the area once, maybe twice, to check on things. i did not fly back to just check on things though. the trip was always for other reasons and i just popped by because i was in the area. if you do not trust your contractor while you are away, that is your first problem. nowadays, we can send pictures and videos very easily. that is all that i need. 

He showed me different strategies on finding motivated sellers but I haven’t had any progress.