Hi Bill, I love bird dogging, unfortunately its gotten a bad rap lately because people really don't understand what it could entail.

But maybe that's because I am unclear on what a 'rent ready' rehab entails vs a rehab to send to an end owner-occupant.Another thing I found out is that since I wouldn't be going in all cash on this, the project has to be on Fannie/Freddie's approved list for conventional financing or - obviously - I couldn't use conventional financing.

(Primarily due to refinancing several years ago when we lived in that property and mortgage rates had hit rock bottom.)Something to keep in mind is that once you have a free and clear property you can take out a HELOC against it and you are now a "cash" buyer for the next property, with all of the advantages that entails.

If he wants 5% of rent for property management, you should outline exactly what that entails.

I would like to replace the window units with central heating/cooling, what does something like this entail?

The low ones don't always have a full understanding of what the job entails.

Over the past 38 rehabs, we've averaged $26,470 on rehab (labor and materials).That said, the average is pretty meaningless here -- to give a more informative breakdown:- 5 of those "rehabs" entailed spending less than $1000 (wholesale deals);- 3 of them were over $1K but less than $10K;- 12 of them were over $10K but less than $20K;- 4 of them were over $20K but less than $30K;- 7 of them were over $30K but less than 50K;- 6 of them were over $50K but less than $100K;- 1 of them was over $100K.As you can see, they're really all over the map...

This may entail repair costs, market conditions, loan costs, area sales/listings, holding times, after repair value, re-sale costs, etc.

What is entailed for an American investing in Dubai?

That entails buying with owner financing, with lease-option, subject to the existing financing, on land contract, etc.