As with any insurance you need to weigh the cost of doing the repair yourself vs the cost of the premium payments.

They also take more work, are more stressful, require you to be on the hook for a monthly payment and scary amount of debt, and are hard to pull off.

Tons of jobs and growth which allow for better tenant selection, low crime/safe, etc.

The analysis is targeted to small time DIY landlords with 1-5 properties with minimum requirements to be able to do the following tasks online:  Listing/Syndication, Applications, Screenings, Leases with eSignature, Payment Customization (i.e.

Then, I am using Rent Property Calculator and mortgage payment to estimate if the property can yield a positive cash flow.

Example someone has 2 million down payment they buy something NNN at 5 million and I make 150,000 in about 60 days for about 20 hours of time depending on how complex the deal is.I am just tired of newbies being told bullsh*t.

@Francisco Pineiro To protect yourself when working with contractors:1.Start with a Clear Scope of Work (SOW): Ensure every detail of the project is outlined in writing, including materials, timelines, and deliverables.2.Use Milestone Payments: For a $40K rehab, consider this structure: 10% upfront, 30% at halfway completion, 30% at 75%, and the remaining 30% upon full completion.

I would probably structure it as debt like a loan and possibly break it up into quarterly payments or whatever you think will work best for you as far as repayment. you can get creative....

With a $200k HELOC, I could flip one property or buy 3, using it for down payments and leveraging loans.

Also that will give me a lower payment which will allow me to have bigger profit from rent.