The terms I have used for clients are that the project must be done in 180 days, rehab itself can cost no more than 35% of the After Renovated Value and there is an automatic 10% Emergency Reserve added off the base budget to protect you in case extra costs are uncovered during the rehab.

House is great, block is OK, but two blocks away is not so nice.  

Maybe not rehabbed quite so nicely, of course, but if you had bought to buy and hold, how much rent would you get?

We have uncovered a portfolio that is currently 15 rented doors, and a triplex in need of repairs prior to renting. 

I've been investing in Hamilton a long time & despite the competition level raising in the market for the last 3-4 years straight, I still am able to uncover gems.

Thanks for all the good information.I appreciate how there is always a way to bring it back to the seller and uncover ways to bring the deal to the table, the way it needs to, in order for the transaction to take place effectively and efficiently.Sean, nice way of breaking down the difference between actual Cash and HM so that it is a readily available response for future questions like this from clients.

A lot of people will spend all their time prepping and never take action to lead generate so nicely done!

But through research and leveraging contacts its possible to uncover

The BiggerPockets community is so nice and responsive so you'll get a high response rate!

So nice i dont even know how he does business but he is very good at this and CHEAP!!!!!