Some repairs would be approved automatically, others would get run by me for the "OK" first.Does this make sense?

I'm looking into a loan from the SBA to complete repairs sustained on a rental house during Hurricane Beryl.

AND. ..if property also needs some rehab- new roof, some unit cosmetic repairs?  

People will want to go cheap and avoid any costly repairs or maintenance.So I would factor that in

Since you have access to a mentor and financing, flipping could be a good option to generate capital quickly, which you could then reinvest in rental properties.Foreclosures: Flipping a foreclosure can be profitable, but it can also come with hidden challenges like repairs that are more expensive than anticipated.

Management fees, lease up costs, turnover costs vacancy rates, repairs, licenses,  non paying tenants etc. are all examples of these. 

I am sure you guys in commercial all know we can't just hire any roofer to do work/maintenance/repair on commercial roofs. 

Also responsible for other expenses such as lawn maintenance, repairs, replacement of appliances etc on behalf of rental LLCs (A, B,C). 4) Y will charge monthly operating fee of 10% from each LLCs (A, B and C).5) LLCs (A, B, C) will NOT have separate bank accounts.

I have networked with many people, cold called for a company, learned how to run ARV, how to calculate repairs, all that jazz.

If someone is experienced, we'll usually go up to 85% (maybe more) of the purchase price and up to 100% of the rehab cost, but we're going to limit it to 70%-75% of the ARV (As Repaired Value) for flips.