Ah i'm not too familiar with calling a quote I saw it in a previous response so I was just planning for the worst case scenario.

If you are planning to wholesale agents are not going to send you properties.

Tenants, "go into Holiday-mode" and start spending disposable income (and racking up their credit cards) on Thanksgiving feasts & trips, Xmas presents & trips, and finally NYE plans.3) Income Tax Refund checks start being received towards the end of February and corresponding, the rental market starts picking up again as tenants payoff their “Holiday Hangovers".4) Spring Fever starts, sometime in April-May, causing both sales & rental markets to start picking up.

Let’s use a $1M sale price, for easy numbers.The buyer plans to put 20% down to buy your home.

Are you planning on investing in Fayetville? 

If you are purchasing with hard money, the plan to refinance or sell in the next 12 months or so, most will not require you to show your rehab budget. 

How do you plan on financing your purchase?

Looks like you have a solid plan, compound interest will take care of the rest.Can i ask what mortgage product you intend on going with?

Hi I am very new to real estate investment and planning to invest in turnkey SFR in those areas.

I'm a financial planner who works with real estate investors - we have a client who plans to renovate a Clinton Hill (Brooklyn) property that has been in his family for generations into a multifamily rental.