Was great chatting with you earlier today over zoom and I believe I helped you understand this property and the location and how to analyze this property from many different angles but unfortunately we discovered after looking at your deal that its a NO-GO and you will probably need to back out, if possible.

The ultimate goal here is to retire as soon as possible and not wait to grow equity over 5-10 years to be able to retire. 

I am trying to be as realistic and conservative as possible 

When I asked what did he think the rates would go down to, he mentioned possibly 6.5% but we decided to wait.

I buy commercial grade bed frames, couches, etc when possible. 

When I pull comps, I use nearby and recently sold ( within 3-6 months ) properties with similar or matching bed and bath count, and as close to the same sq. footage as possible.

And then do it again.It is actually possible to have a super experienced General Contractor, a very deep pockets money partner, and still lose money on a flip.The most common reason, in my experience, is having a project run over schedule and placing the property on the market during the off-season.

Quote from @Thu Pham: Great to hear you are finding a place and getting in touch with a possible Co-host..

It's better to invest into insulation and possibly a new HVAC system than solar.How do you survive using just a flip-phone and not a smart phone?

I'll try to be as brief as possible while still sharing the relevant information.