Add on rollers, tape, floor coverings, etc and it could easily be $300+ in supplies. 

I see you have 27 contacts and 14 applications from zillow.Real Estate is about location/location/location, supply and demand.I have never offered $500 dollars off for the first month. 

Many investors switch over to these loans once they have a few properties (typically 5 on average, but you are right there in the typical fashion for property number 4)Check out these series of articles on the loan topic published on BP as well for all you need to know about this option!

Pay for supplies upfront.4.

He's three points and 12% to start and he will not supply rehab funds on the first one. 

As an out of town owner, one benefit of Madison is that we do have a good supply of property management companies to consider. 

Lots of new supply now with reduced demand.

The equity increased a ton especially w the limited supply 

My CPA instructed me to list my repairs as CAPEX or repair items , furnishings were supplies for the rental. 

Many people start out active because they want exposure to real estate and don't know that you can start out passive - you can effectively hire the asset manager and supply capital to the investment.You can have great success as an active or a passive investor - but it is important to understand the difference and to select whichever option matches your skills and resources the best.Good luck!