Purchase price: $62,000 Cash invested: $60,000 Project in progress: Off market dealPurchase: $62,000Rehab: $60,000ARV: $165,000 What made you interested in investing in this type of deal?

You can test this, by asking some to SHOW you how they calculate ROI, Cap Rates, Cash-on-Cash, etc., for their clients.Many will say, "that's the investor's problem".They are correct because an investor should NOT rely anyone else to run their numbers.So, then what exactly makes them investor-friendly?

Sounds like you may look at a cash-flow approach in this scenario. 

If structured well, this can be a great way to get started without much cash.

I can tell you that Rod Khleif's podcast is free.

I wouldn't have any interest in buying something like this to hold since it would be so far negative cash flow wise on a monthly basis.

I unfortunately blocked two plots and paid 20% for both and now it is almost 2 years and there is no response at all from Wagner or the builders :(-------The house will come with stainless steel appliances including a dishwasher, hood, refrigerator, and range.3 Bedrooms2 Bathrooms2 Car garage 1323Sq/ftThe price of this property is $198,000.00 with a 20% due at contract and the remaining 80% could be paid via conventional financing or cash.

You don't want to cash-out refi and then be sitting on cash costing you 7% while you search for a deal.

Assign the contract to a cash buyer for a price higher than the contract price.

If the property cash flow starts in 2024, personal usage is not that impactful.Talk to your CPA if renovation counts as QIP for bonus depreciation.