I think you can claim a small nominal amount for undocumented labor expenses.

For example, non-performing note investors might buy many loans at one time, make a huge profit on 1/3, a nominal profit on another third, and get wiped out on the remainder.

An exterior BPO about 40 to 70 depending on who the mill is.So at 650 for an interior inspection BPO it is highly likely that most of that is pure profit after paying a nominal fee to the person completing the order.

get a real estate license,  you have the time and the costs are nominal 

From the wholesale/assignment deals that I have seen come through, wholesalers appear to be conduits, they just move the properties for a nominal fee, usually between $2500-$5000. 

Lindekugel Are you making the case that you believe housing prices will go down in real terms or nominal terms (or both)?

To reiterate, since interest rates have doubled from early 2022, the operating costs (assuming values are the same as 9 months ago) are now more expensive by about 25-30 percent (with nominal values flat) due to increase interest expense.

There will be some nominal increase in your prop taxes and possibly your insurance, but that is an additional gross cash flow potential of $1,250/mth ($2,750-$1,500). 

I nominate J.

The educational companies tend to make money and then plow it back into hard real estate assets.I think it is almost a pipedream for people to expect someone highly successful to spend all this time with them for a nominal return.