-> Quarterly Webinars for syndications-> Pictures to lenders showing progress-> Calls with lenders sharing our updates2) Conservative underwriting is key. 

It’s good to run conservative estimates, especially since vacation rentals can be seasonal in some places.If freeing up time is one of your main goals, think about using a property management company.

I'm a very conservative investor and may look through a hundred deals a month, and at the end of the year only invest in 4-5.

Make sure you’re running conservative estimates on your rehab and refinance numbers, especially with fluctuating interest rates.Partnering with an investor-friendly agent who knows your target market well can help you locate solid opportunities and avoid potential pitfalls.

All in cost ~750k, revenue possible at 90% SS and 60% parking roughly 175, operating expenses on the conservative side of 50k leaves 125 for P&I and profit.

Rather, we use a 2-point bump in our exit cap rate with realistic/conservative rent appreciation and occupancy based upon both our internal projections and a thorough market analysis.

the house has a bunch of equity, being worth about 750k when fixed up.I  know that on a standard convenetional mortagage foreclosure, there usually additional fees such as unpaid interest, attorney fees etc, apart of the princiapl balance.Is there a way to conservatively assess what will be the actuall "Pay-off" on the 1st?

I am very conservative in underwriting deals.

As with any type of investment, investors should list the estimated costs to calculate their potential profit.Costs to consider on fix-and-flipsRepairs (always be conservative)Carrying costs (interest, points)Monthly costs (utilities, HOAs, insurance, taxes)Buying costs (back taxes, cash for keys, liens, code violations)Selling costs (commissions, closing costs, transfer fees, title insurance)Unexpected costs (add $5,000 to be safe)These are the basic costs investors should consider.

This home had a HUGE delay that cost us thousands of dollars.The group that put in the underground plumbing dug the plumbing too low, and by the time we caught the mistake, the slab had already been poured and the septic tanks installed.We had to dig up the septic tanks, install a lift station, and reinstall the septic tanks.This all happened during 2 hurricanes, which caused even more delays.Time kills deals.This is why you need to 1) be conservative with your timelines and costs, 2) add contingencies to your budgets, and 3) have a healthy profit margin.