FICO is 700+ purchase price is 80K and the rehab budget is 100K.

Quote from @Richa Wardhan: It's inside the city zoned RG-1, we would like it to be a vacation home and STR Hey, RichaIs the home already a vacation home and STR or is it a primary residence looking to convert over after potential ADU built?

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – and they often select the first PMC they call!

Figure out what the seller is looking for.

I spoke to another guy at a conference who used to build 1-3 units before doing commercial and he said he wishes he still did the single family because it generates a lot of cash and is pretty simple. 

Hey Ahmed, welcome to the BP community.Wishing you the best on your real estate journey.Cheers!

Purchase price: $44,000 Cash invested: $75,000 This was a huge undertaking, but the risk reward ratio worked out great.

I’m just wondering if anyone knows of a carrier that doesn’t limit the number of properties they will insure.I’m covered for a few more days because my agent didn’t even know of this policy when they wrote me a binder for unit six.

I appreciate the insight and the actionable next steps.

The cashflow should cove ALL of the expenses for the primary (mortgage, taxes, insurance, utilities, etc) AND put money in their pocket.