The land purchase will be one of the biggest tasks of your project.

We did this through our LLC, I was actively managing the project while my brother was passive. 

You need to double check underwriting, conservatively project disposition, and stress test the metrics.

Replacement is pretty straightforward; if you're handy, it's definitely an easy DIY project.

You should cover the mortgage and all other expenses, actual or projected.

I'm interested in following this project when/if you kick it off. we have this in columbus. 58 rooms on .1 acres. 28000 sq ft. but this site the land is 50k it's set same as columbus but in miami dade county but sounds good. are you more interested in the miami one or the columbus one? 

Whenever Baltimore comes into the picture for you, I'd be happy to show you around my projects here!

Now some other investors may believe they can boost your revenue quite a bit but they don't want to pay for that projected boost. 

That's a big project. 

This allows them to ensure a profitable margin on resale.Navigating Market RisksInvesting in fix-and-flip projects can be lucrative — but there are risks involved.