Even if my flip breaks even (as I think it will) I still feel proud and better equipped for the next property. 

When you remodel/rehab a property look at the surrounding market and see what is "expected" for properties of that type that have been remodeled. 3.

If you do the deal, ensure you have your property taxes set aside, because with seller financing there is not an impound process to handle the taxes and insurance. 

It can be in the real estate industry, property management, construction, lending etc.

Low property taxes and about 3-4 hours from the bay area. 

So, we bought the property 2 years ago, based on the valuation of the property considering income from 6 units.The sale deeds (from 2018- 3 sales) I could get from the City and the property tax statements (2023,2024) show that the property is zoned as 411 (apartments).

Please stop asking us for "the best" zip codes to invest in.Detroit has around 183 Residential Neighborhoods - wouldn't it be nice if "some property mangagement company" Classified them all as A, B, C, or D on an interactive map that real estate investors could use to make better decisions?

Congrats on the property and tenants!

Purchase price: $115,000 Cash invested: $42,000 Sale price: $168,000 Unfortunately, we bought this property as a buy and hold property, and our research led us to believe that this neighborhood was up and coming not in a bad area of Jacksonville.

@Mayer M.Excel will be the best way to track your hours.You should have something where it is set up in the following wayColumn 1 = DateColumn 2 = Activity DoneColumn 3 = property #Column 4 = amount of hours spentGood luck!