We would need to add the contingencies for title, appraisal, inspection, etc so just wanting to make sure to cover all the necessary items.  

With the caveat that he doesn't have to purchase a CapEx items early based on monthly set-asides or rehab a trashed property beyond normal wear and tear.So in Joe's defense, your question is asking for "Net Cash Flow" which will include the need to factor in all cash initially invested being out of the deal.

You're still putting in a kitchen, bath, HVAC, electrical, etc. which are your larger cost items.

And we negotiate fees along the way for new items.

This is defined as those with gross receipts of $25,000,000 or less for a three-year period.Claiming Interest ExpenseIn order to capitalize on your interest expenses, taxes must be itemized, and investment interest expenses are to be listed under Schedule A on Form 1040.

@Chelsea Allen You raise two items here:1.

Since I posted this, I have had a few conversations with my mentor and other real estate investors/lenders and have a much better grasp on action items when the right deal comes along.

Vendor was scheduled a few days later to remove all items to property line.

On a similar note, does anyone have a reference to comprehensive life expectancies of items inside a house.

Fun fact to keep in mind, major capex items on a 100k house and on a 800k house are pretty similar, i.e. cost of replacing a roof.