Metrics like 10-15% of ARV profit, COC, and the 70% rule all serve different purposes, helping you build expectations, safety margins, track leverage, and account for contractor turnaround times.In my opinion rather than overanalyzing numbers upfront, I would focus first on building strong deal flow.

Also, I believe the rules for how and when you need to divest the money in an inherited IRA differ depending on who you are relative to the deceased.

On the main floor I'm going to redo the kitchen and bath, again this was my first Reno so everything was poorly done.

You will find that every PML has a different business model.  

if that is what you do for all other applicants then this case should be no different. 

We’ve used Left Main (Salesforce) since 2021 with SmrtPhone which has a power dialer.

I have a different set of criteria based on where I purchase right now. 

Newbies create a lot of different issues, however.You are probably not going to be able to use Fannie Mae as a contingency.

The structure is mainly appreciation-based, which minimizes tenant and maintenance risk. 

If you’re set on Florida, focus on areas just outside the main city that are still growing—you’ll find better deals there.