.$4m at 70% is $2.8m minus $600k rehab minus $200k assignment fee is $2m flat.

If your only goal is to have it for the purpose of the transactions mentioned it is easier and possibly cheaper if you do a flat fee listing through Home Avenue and find a realtor who offers realtor rebates.  

Frankly I wish AIRBNB wasn't such an flat rating system. 

On top of all that, we had a flat roof that was newer and warrantied, but we still fought leaks.

Hello everybody, I'm purchasing a 3 flat and I'm going to build a community laundry room, can you all recommend a washer and gas dryer?

My advice would be to start out as a flat fee structure for finding the deal and then roll into the GP side (with the proper legal framework) after the first few deals.

I just started using it so I don’t know about longevity but I’m using flat ultra scuff resistant and we’ll see how it holds up.  

PMC: We negotiated $80 a month flat rate for management, so like 8.5% management feeRent: $950 a monthOperating cost: I estimated  70% overall operating cost which included the 8.5% management fee, mortgage and repairs/upkeep, etc)Average net income would be $3216 a year Gross income would be $11400 ($950 rent X 12 months before all expenses)So re-calculating the cap rate and using total gross income I'm getting a rate of 4% as opposed to the 4.68% I originally calculated.Does that seem more accurate? 

I don't know if this will make you feel any better but even if the roof pancakes flat the interior and exterior walls should support that weight, even though (of course) the house will be totally uninhabitable until the entire roof structure is rebuilt.

It’s now actually very tempting to buy a gray stone or brick 2-flat and convert it to a single family. $650K in and add $200K for rehab then sell it at $1.2M.