Feel free to message me directly as well. 

On the other hand, if you “just” break even for 30 years on your previous primary home with 5% down.

Hey Ursula, I don't think breaking down the cost is more important than detailing the SOW(scope of work).

Starting out in real estate can feel overwhelming, but breaking it into clear steps makes it manageable.

Have both homes completed and sold in less than a year.. and then are taking a much needed break from construction:)Any advice or ideas would so appreaciated!

I can see the OP giving this a shot.. but it is risky he could end up making a few bucks and getting experience might just break even or he could take a loss.. that margin is very thin in markets that are not selling as soon as you get CO  thats been one reason we have been profitable very few homes have been carried past CO so financing cost are at a minimum.. you hold a spec home 6 months past Co and every month your losing money you will not recover.

Hey @Gil Canfu, feel free to reach out if you'd like to chat or meet up sometime!

Since I work pretty hard at my day job and don’t have much renovation experience, I wanted something simple—a rental I could put a tenant in and at least break even.

Some free happy hours, but the regular meetings are about $20.Saturday morning in East Ft.

If your manager is just 'keeping an eye' on things, collecting/reminding on a few rents here and there and some light cleanup while being compensated in free or reduced space rent then classifying them as 1099 subcontractor is great.