Keep saving and tell your family you'd rather get cash than gifts for your birthday and Christmas.

Investment Info:

Single-family residence fix & flip investment in Atlanta.

Purchase price: $88,000

Cash invested: $65,000

Sale price: $225,000

This beautiful brick home needed a face lift.

...

Flower Mound, Keller, and Garland.

After Christmas its stays pretty quiet until about Martin Luther King Jr's birthday and then things start moving again.HOWEVER, I've never been and never will be a fan of taking your property off the market.

Also, I failed to mention that 2 flowering trees are completely gone and I assume they died and was removed. 

@Shavas Flowers  For my first few rehabs, I did seller financing for the purchase, and brought in a combination of friends funds and credit cards for the rehab. 

Never late, grew flowers in the front yard, and it took me by surprise.  

In one four plex we own there is an older lady that is the mother hen and takes care of all the common area cleaning, sweeps the front area, puts out fresh flowers, etc.

The lady that bought it really loved 2 things-the kitchen I re did and put in with a snack bar and the terraced front yard with flowers, lots of bulbs,  burning bushes, fruitless pear tree, etc. 

Hi Jason,Just some random thoughts on this to bring your knowledge up a little.Everyone is different in how they do this--sometimes the lender will dictate certain amounts for certain things.Some people ride motorcycles without a helmet, some always wear seat belts.It also depends on how deep you pockets are, a Policeman owning the same SFH as a Brain Surgeon might want to have more set aside just in case.Some make a CAPEX, list for their guesstimates of CAPEX outlays based on the HUD guidelines in years of service life remaining for each item.But in (for instance) areas of high winds, things like roofing replacements and insurance reimbursements complicate this.You need to budget for turn cost, and wear and tear also, (re: wear and tear; carpet physically wears out over time, vs. renter spilling red paint on it--where you would charge that to the renters security deposit).The costs in the future will either come from the renter or come from YOU, vacancies, wear and tear, equipment failures, etc...The ones that will come from you, need to be budgeted for--unless you have deep pockets and the amounts seem frivolous to your expendable income and you believe you can just cover them easily.Some people can afford to buy their secretary a new car for her birthday, some have their families huddling around the table eating one can of cold beans for dinner--Ole' one can of beans might not be able to meet the financial needs of CAPEX when it comes due unless he sets it all aside ahead of time.Good Luck!