Avoid over-leveraging your home to minimize risk.

This, in my opinion, will help minimize your liability, in the event the dogs cause harm before the tenant moves out.Then, you can negotiate a peaceful move-out with the tenant.  

However, you'll minimal capex/maintenance/vacancy and the overall return after 5 years could be very strong. 

You've got to remember the home has already been through numerous inspections prior to delivery, so the time it takes to finish is minimal.  

@Tyler GarzaYour strategy has a solid foundation, but a few key refinements could help you maximize returns while minimizing risks.

Finding it through your Facebook sphere shows the power of networking, and keeping the rehab cosmetic was a smart way to minimize risk and maximize profit.One thought: Have you factored in holding costs, loan interest, and potential market fluctuations during the 45 days?

A property in Boston will appreciate well, but with minimal cashflow.

Once they signed a deal-specific agreement, the agent found an off-market duplex within weeks that hit all their criterai.. below market, good cash flow, and minimal rehab.Off-Market vs.

Quote from @Rajagopalarao Paidi: Is there anyway to minimize or avoid agent costs, I don't have much scope for profit if I pay agent costs, what options typically one has Do it FSBO if you want to save them and then hire a TC or company to do the work...

In this IDEAL situation the savings is minimal.