If you need a preapproval, my network of lenders can have that done in under an hour and then add on my 5-10 minutes.

If you are inundated with too many interested parties to count, you may have been too low.  

You want to remove the ability for water to seep in under the foundation.

We will then list it for sale (I'm using $215,000 as a somewhat conservative estimate based on the houses currently for sale in the area and the houses that have sold within the past 6 months or so in the area - all of which have sold for $220,000 or higher in comparable condition) with the hopes of selling within 1-2 months, or less (in my calculations, I'm factoring in 6 months of holding/carrying costs to be on the "safe side").The current plan is that I'm going to cover down payment, closing costs, and monthly carrying costs with a draw against the HELOC on my personal residence, with my partner covering rehab costs (he is a contractor so he will be doing the work as well).I've been using the BP fix and flip calculator, but have a question about closing costs and how to factor them in under this specific scenario.In the calculator, should I put the actual closing costs into the "buy closing costs" field (sell closing costs are the same no matter what I do with buy closing costs so that is not at issue here)?

I just rented a unit in under two weeks while a near identical layout unit (with old appliances, carpet, round toilet, and plastic handles) in a sister building just across the street is still on the market and approaching 3 months vacant.

If you have 20 similar properties, you'll be generating $4000 a month and you can recover from a $3000 expense in under a month.

I'm located in Orange County, CA.I look forward to the inundation of emails and phone calls.Sincerely,Craig Norris(714) 599-0179, [email protected], https://www.biggerpockets.com/users/cdnorris

As such, I would love some advice from other agents who work with investors.To date we've been inundated with "newbie" investors who consume time and resources but either hesitate to pull the trigger (even when we have financing in place) or loose their taste for it after one or two deals (in other words, we aren't seeing the repeat business we had hoped for).

Have you seen anything sell in under 30 days for the the target ARV?  

I think that the future of transportation will change the rural landscape, but people will not move there to farm.Things like the Hyperloop which allow people to travel from SF to LA in under 20 minutes will change the rural land between SF and LA because now people can buy an affordable home along this train line and they can work in both SF or LA and get to work extremely quickly.