Networking is an excellent way to dive in quickly.

I learned very quickly that they are bad at every level, but you learn how to deal with them.

The street is new, so as it fills out and cleans up and blossoms our equity should go up quickly.

Rehab costs, holding costs, and the ARV will be the largest cash eaters or cash producers with this deal.If you underestimated the rehab (both costs and time) and overestimated the ARV, you could be underwater very quickly. 

Even though we were lucky to find someone fairly quick, we did notice the rental pool of renters was a lot less but still out there or the home rental pool has increased (maybe both).Good luck!

She can't afford rent, so you get her moved out by the end of the month, then apply her deposit to the unpaid rent, cleaning, and repairs.I may even incentivize her to leave quickly by offering to forgive the unpaid portion of rent if she gets out by the end of the month, but it really depends on a number of factors and I'm not going to ask for details.For future reference, best practice is to have set standards and adhere to them every time.

As you can see from my numbers, this is not a quick appreciation situation although I hope that equity will build over time;3.

You'll quickly learn how to be a landlord.

Plus they are all busy doing occupant custom remodels.Flippers and landlords like me have alwyas been forced into being hands on, the crew chief, over handymen and a few licensed trades.   

Need some reliable contractors  , thats quick and wanting to build their profile.