The cost has to be supported by the revenue.Now if you plan on building a brand with 5 SFH's as a package, the answers are still the same.

Those that use PM's have pointed out that there is a cost factor of also having to manage your PM as well - following up behind them, making sure they are doing what they are supposed to be doing, etc.Hope it helps!

What started as a promising BRRRR ended with us making the tough decision to sell at a loss after an unexpected disaster.The Numbers:Sold for: +$230KPurchase Price: $115KClosing Costs: $3KRehab Costs: $105K ($49K original rehab, $56K additional repairs due to the car crash)Holding Costs: $31K (12 months)Selling Costs: $16KInsurance Claim Recovery: +$25KNet Income: - $16KWhat Happened:This was supposed to be a BRRRR.

Residential subdivisions, while potentially less complex, can be hit-or-miss depending on local housing trends and the cost of infrastructure development. 

Many other investors offer the same deal and it doesn't cost any upfront monies whatsoever.

But my question is that if we consider other operating costs like maintenance, capital expenditure, vacancy, etc then this property won't cash flow, so is this a good deal?

I know there is cost to tear down, but feel that even though the house needs work it is more valuable than the offers.

But then I'm not sure about the cost/struggle to access the MLS once I have one.

Definitely regret not having them all with my local credit union but too late for that now unless I refinance anll these loans and that would mean sacrificing a few points, closing costs, higher payments, less cashflow etc.  

It's a game-changer where you can buy a $1,000,000 property with $35,000 down, you can build equity while keeping living costs low.2️⃣ Partnering Up:Real estate is a team sport.