Rehab costs and ARV (After Repair Value) are key parts of evaluating deals, so it’s great that you’re diving into these concepts early.For rehab costs, creating a rough estimate starts with understanding the scope of work and local pricing for materials and labor. 

Just curious if anybody created What's Up chat for this topic? 

In mid February, many tenants get caught up when they start getting their income tax refunds (depending how fast they file).Income tax refunds also give tenants the needed funds for first month of rent + security deposit, so they can move.Check out this graph, which was created from tens of thousands of data points:Regarding your property, suggest the following:1) Where specifically is it being advertised?

That move created frustration on my part and the seller and had to amend the original contract.

So far no deals I have found are even close to creating reasonable if any cash flow with 20% down.

This will create a huge mess.

You could start by checking out Upwork or Fiverr—those platforms are great for beginners because you can create a profile and bid on jobs.

Consider structuring your investment through an LLC for liability protection and tax flexibility.This post does not create a CPA-Client relationship.

Visit FinCEN’s website for filing details.This post does not create a CPA-Client relationship.

Reporting begins when it's placed in service, not when it’s first rented.This post does not create a CPA-Client relationship.