.✅ Calculate potential profit/loss using this simple formula:📊 (Monthly Rent - Total Monthly Expenses) = Net Rental Income3.

A lot of structures go up because the intense radiant heat from the wildfire ignites contents inside the home through the windows, or the embers enter the attics and crawl spaces through the vents--so just building from block won't be a cure.  

This all is dependent upon you getting the carpet from HD of course.

What made you interested in investing in this type of deal?

I have a lot of personal experience with BRRRR—both from building my own rental portfolio here in Memphis, TN and from helping both local and out-of-state investors successfully scale their portfolios using this strategy.One of the biggest advantages I’ve been able to offer my clients is structuring deals with hard money lenders in a way that allows them to acquire properties with less than $10,000 out of pocket in most cases which results them in massive cash on cash returns!

This would hopefully maintain strong cashflow from the property will providing some capital to use for the next property acquisition. 

I am just getting started out and have a rough idea of how to work through these numbers and so I wanted to throw this out there to see how far off I was.I haven't gotten any numbers on financing this so I assumed a lot.

Its how come I am so entrenched in funding in the mid west till this day.. 

The lender is pushing you to do this to get an FHA loan.

I would love to hear your thoughts and insights and eager to learn and contribute to this discussion.