@Ritu MahajanBuild a solid local team, including contractors, property managers, and lenders experienced with BRRRR.

Long story short, the properties were far from turn-key and required that I find an out-of-state contractor and property manager to complete renovations and find new tenants. 

I will have a contractor do most of the work from now on Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I have my own properties throughout the area, and have worked with many contractors, PMs, lenders, insurers and attorneys that I can recommend.

If you find a good manager, they will help you narrow in on the best communities to invest in, which properties make the best investment, rent rates, locating quality contractors, and more.

.)- All in Cost = Cost to build * Square foot  - Sales Price = All in Cost + (All in cost * 20%)* Covers contractor and soft cost on either fee based or cost+- Profit = (Sales price - (Sales Price * 7%))* - All in Cost   accounts for agent fees and closing cost- Initial List Price = Sales price + 10%      A buffer to test market absorption- Break Even being All in cost, point where everyone is paid except me. - List price is to test the market absorption at "x" price. 250k land + build.

Until this point, I had nothing but great experiences with Norada's referrals in other markets, so I put my trust in them here as well.As a veteran, I saved the money for these investments during my time on active duty and while working as a contractor in Afghanistan and Iraq for over five years.

You don't have to be a contractor but it will save you a good chunk of money. 

Mendenhall appears in many of the videos posted by RAD to YouTube on a near-weekly basis, and in postings and paid advertisements on Facebook and Instagram.Read moreRAD said in its statement that it strives to make its regulatory filings and offering materials “accurate and complete.”RAD “is an incredible company making a positive impact on our investors, team of employees, contractors, neighborhoods, non-profits and more,” Mendenhall said in an email.A U.S.

I should have mentioned that I am out of state in Colorado and I'm not connected yet to contractors that I trust to do a rehab.