He scaled with quality, going full-on luxury top-shelf.

Section 8 is best used as a risk mitigation tool for properties in super low income, high crime areas.

For high interest mortgages, usually break even or negative.  

A high property tax rate will increase the taxes more quickly as a percentage of total expenses when the property value increases.

@Jay Hinrichs which BTW, 6% is high.

Is this normal cost or high?

For almost $100k a lot you want a pretty high NOI to make sense of it, like over $300k IMO I agree.

I've even seen agents that will finance repairs with a lien to maximize sales price for their seller.Who you work with matters and will mean the difference between a quality BRRR that cashflows or a property that doesn't work.I love to talk real estate.

The quality of your tenant is just as important as the investment you make.  

Lots of areas that pencil very well on paper but the quality of renter you will get is going to eat into any profit you may think you are getting.