Determine the cost of construction (hiring a contractor in the GNO area is going to start around $165-175/sqft to build) and be sure to include all holding costs, as well as interest in the loan.

We've been continuously improving it, but it has been working exceptionally well for us since we hired a developer for the complete build-out a year ago.

Do you hire a title company for all the properties you're interested in before the auction?

I'm curious how much the sales reps got paid for each investment made... 

I left QBs because the buildium sales rep convinced me that Buildium would handle all the accounting and the property management.

If I rent it out, I'll be hiring a property manager because I don't want to deal with trying to manage it from out of state.Some numbers:Purchased with 0% down VA loanPurchase Price: 189KMortgage: 172KRate: 2.25%4 Bed / 2.5 Bath~2400sq/ftBuilt in 1992Zillow Sales Estimate: 280KZillow Rent Estimate: 2,100/moRoof and AC are less than 10 years old.

The Mastermind is a fraction of the cost of most seminars and really just covers the cost of the experts we hire to serve the community. 

I'd like to keep savings and be able to hire out some of the work (something we have not done in the past).My thoughts are to put both into an LLC and look for investors or a business loan, and purchase and move to a new home.

I was fortunate we all got along and they hired me full-time 2 months later. 

@Rashid GhafoorPacific Wholesale Mortgage (www.PacWM.Com) will hire newbies.