Flipping a brand new home likely wouldn’t bring much profit - especially after having to close twice when you first buy it, and later sell it.Maybe you have millions to spend and I’m just missing the big picture… but when I think of “income” I’m usually thinking “net income” after you factor in expenses, like purchase price or building costs?  

It also matters where the home is located, and what the weather, type of tenants it attracts/has been attracting, etc. other factors are.

Factors that affect hourly rate Job complexity: More complex jobs may cost more.Handyman's experience: Less experienced handymen may charge less.Region: Some regions have higher labor rates.Minimum charge: Some handymen may charge a minimum fee for small jobs.Mileage: Some handymen may charge a mileage fee for jobs outside their service area.What to expect to payA handyman may charge between $35 and $80 per hour.

A lot of factors go into this. 

A purchase of $209k, $15k rehab, and ARV of $240k doesn't get you any thing back after you factor in all of the closing costs to purchase and to refinance.

A key factor here is leveraging your equity efficiently while considering tax implications.

That means it takes forever to pay off the mortgage meaning you're paying a mountain of interest. 

DSCR loans don't require all of those things - your FICO and the income from the property are the main determining factors.

(Of course, there is a factor that higher rating will increase my booking but that is not just coming from adding one or two amenities) Besides item 5 and 6, I am not sure how much other items will attract more guests to my business.

Then we look at the condition, and other factors, from there we send it to our clients that match their buy box.