I did not follow through with traditional financing because 75% of income is derived from a monthly military benefit and my business partner is a travel nurse/ contract worker so her W-2's don't reflect her true income.

Starting with a unshaded neighborhood map of Chicago and then shading each neighborhood manually one by one based on its derived cap rate.  

Along with that, my primary and only source of income is derived from driving Uber.

Yes cash flows were to derive sale price.

Derivatives, collateralized debt obligations, or whatever they wanted to call it when re-selling it.

You should have a breakdown of how the cash to close is derived.

Our plan is to hold long-term (10+ years), with a primary focus on positive monthly cash flow and equity capture through strategic renovations (targeting a 10% to 15% increase in equity above the cost basis), with a secondary focus on properties that are likely to appreciate in value over the investment hold period and tax benefits derived from investment real estate.Right now, we are trying to identify real estate brokers/agents in the DFW area that specialize in 2-4 unit buildings with a real estate investor mindset.

Hi @Joseph Kelly,You would provide a sample Pro-Forma including all purchase costs, rehab budget, financing costs, holding costs, taxes, selling costs, expected time to complete, ARV (After Repair Value) and derive a projected profit from those figures.

That $2400 figure is based on the current owner's appraised value which is ultimately derived from their original purchase price.

For that one I walked him through the project with the scope of work in hand (derived from our design changes and the inspection report), and had him bid it out based on my scope.