@Anthony GaydenYes, but this tax structure makes it very difficult for the middle class to save, the foundation for most wealth development, including mine.Please tell me what index fund has generated a consistent year over year 10% return for you.  

A good turnkey company will have a high (and consistently tracked) occupancy rate and other good performance metrics so doing your due diligence when selecting a partner will go a long way to mitigating these risks.

I know i'm still a long way from that but it doesn't help to start early rightAnyway i was wondering if this was the place for me and if any of you had some good resources for me to check out that could help me Welcome to Bigger Pockets Todd,Stay consistent with posting and reading on here.Always focus on the people first rather than stats and figures.Never forget that team work make the dream work.That's my 0.2 AUD for you lolKeep the dream alive ;)

Normally the rehab consist of fixing the things that are broken, laying some cheap carpet and vinyl flooring, then ignoring all the deferred maintenance items.

I have a guy that works way cheaper then he should and does them for about $1300 labor which I know is crazy so I am trying to get a grasp on reality when I start shopping rates again.For a small full bathroom we typically do a complete gut except we keep the tub and reglaze it -  Labor usually consists of ceramic tile shower surround/tile floor - new toilet,light,mirror,towel bar,faucet, shower head - trim and painI know this is region specific but just interested to hear others

If you are not getting good appraisals on a consistent basis it is because you don't know how to work with the appraiser.

It's about catching the people at the right time which is why consistent mailings is important.

We are new to this,  but the bookings have been consistent thus far.  

Here's where I think there is a work around: if you do a ton of research and find what homes have sold for in a desirable area 10, 20, 30 years ago and see that the value has consistently appreciated then it's probably safe to say it will continue to go up.

Commercial is not really very consumer friendly.As to redlining, lenders must be consistent in the loan requirements and underwriting, the can't treat one application significantly different than another, as in using different appraisal techniques for one area, that is still redlining.