I'm hoping I can find a contractor that will "dry in" the units for me and allow me to sub out the inside myself to save money. 

Totally understand that 95% LTV and 7% interest isn't exactly favorable for cash flow. 100% okay with negative cashflow but don't want to be bled totally dry each month. 

if they just want the membrane out, dry out the existing sub, then put new soundproofing in, then the 5k might be just fine.

Realtors response was it/they were just dry walled when listed, and  Franklin like other places is a bit oversaturated with new construction at the moment and the higher rates are not helping any. 

And if you watch them all enough you see them put down other methods.

on how you got started, what mistakes did you make, how much money do you feel a person must start with, what did your first deal look like, and which method of real estate investing did you do and what are you doing now (rentals, flips, etc.)Thanks!

Hello all,I bought my first rental property in Columbus OH using the BRRRR method and money from my HELOC on my primary residence.

I will likely be seeking advice here if I run into issues.Purchase Price: $155,000 (Down from asking of $175,000 to $160,000 and finally to $155,000 after higher rehab)Rehab Price: $79,900 (Original estimate was $60,000)Appraised value: $310,000 (Original Estimated ARV: $285,000)I am hoping to list it for $319,900 or $314,900 when the rehab is completed in about 7 weeks.This is so far my only journey into Real Estate investing and hope to do much more and learn to scale my portfolio quickly and get to use the BRRRR method when it is available and makes sense. 

This method provides more privacy, but you're still capturing all the advantages of having someone else pay your mortgage. 

Choosing this method has its very clear advantages, however, there are important points to consider.