Hey @Jaycee Greene someone on our team handles the acquisition and lending/banking portion, we only do the monthly bank draws for construction costs!

Do you feel like it has enhanced the productivity of your assistants to a magnitude that's worth the cost?

You should only be liable for tax on any appreciation since you inherited the rental (minus the cost of your improvements). 

Line Item Fee Collected Rents 10% of All Collected Rents New Tenant Search & Onboarding $500 Business Hour Service Calls $80/hour + Materials Cost + Tax After Hour Service Calls $110/hour + Materials Cost + Tax HVAC Cleaning & InspectionGutter CleaningSpring/Fall Exterior CleanupSeasonal Mowing & Weed TrimmingSeasonal Snow PlowingGeneral Contractor Vendor Cost + 10% Oversight Fee

Make sure your rehab is "renter" cost rehab. etc. 

Or if you want a lower monthly payment, then do the 20% down.You can also negotiate credits with the sellers to use towards your closing costs or rate buy down.

Heavy cases of clear cut fraud and flat out lying to their investors. 

@James Boreno You’ll likely owe taxes, but don’t forget to account for your adjusted cost basis, which factors in the original purchase price, depreciation over 10 years, and any capital improvements.

Rehab cost overrun is where most BRRRR investors and flippers go wrong.

We sell the property to the tenant buyer with minimal closing costs.Here are the numbers for our most recent project:Purchase price 138kRehab around 40k Closing costs 7kCarrying costs 5kSecond closing costs 7kAll in 197kARV 245kLease option fee that comes to us 4kLoan amount 180kMoney left into the property 17k in the property, 10k in the account, 5k to meSales price in 3 years 270kLoan balance in 3 years about 170kCash flow 140 a month.Estimated profit over the 3 years is around 70k.