. $1500- $960 + $200 IS $340Cash in your pocket after everything roughly $1500-$1160-$340 which is not bad for a 100% financed deal(INFINITE RETURNS)Now, If you ran this analysis on a 1% deal as @Nicholas L. mentioned you will undoubtably end up in the red each month.All the best!!!

.🔹 Final Thought: If a tenant is already pushing back on basic screening, it’s often a sign of future issues.

The real actual job is still the contractor analysis. 

Based on my analysis, the ARV looks to be in the $720-740K range, and after running the numbers, I anticipate a profit of about $40K including all the junk fees and agent fees.A couple of things I’d love your input on:Do you think it’s worth getting another quote from a different GC?

This could allow you to buy time to get your financing in order and buy it later.Just be sure to run a cash flow analysis so you know whether it will cash flow based upon its current expenses.

Finally 3 years ago I made the bold move to go out on my own.

I haven't gone into so much analysis to see what opportunities truly exist for BRRR strategies, but on the surface (and despite the different risk profile) it appears that this strategy may be better for developing a portfolio early on to eventually get into an appreciation friendly market.My questions basically are:- What do you think of this perspective on the Las Vegas market?

Finally, just because you can't discriminate doesn't mean they get a free pass.

Alternatively, happy to be a resource, run analysis on deals etc.

Final Thoughts In my 27 years of practice, I’ve encountered fewer than 20 cases of loan acceleration, and most involved creative financing or FHA loans.