Some of the costs quoted shock even seasoned flippers as they are lower than even material are in many markets. 

Hopefully that slide stops due to seasonality in spring, but if we are in another year of stagnation prices may plummet.

In my neck of the woods you can buy houses I’m the suburbs for 150kto215k which cash flow 200/mo on 20% down.

This is why seasoned investors run a "stress test" when evaluating their investments.

Luckily Airbnb roommates are much better because they are gone a lot and you can take breaks / just rent in high seasons, etc.

-Recurring and Seasonal Maintenance Tracker -Finding a Market-Analyzing a Market-Property Closing Checklist-Underwriting and Analysis Worksheet-Due Diligence Checklist -Buy Box Checklist There is no reason to recreate the wheel.

HEY BIGGER POCKETS FAM HOPE ALL IS WELL SENDING LOVE AND PROSPERITY THIS HOLIDAY SEASON TO EVERYONE !

I'd rather the team set the right expectations for you up front than act like an agent that can get it done for you but then struggles with how challenging things are right now -- especially with it being hurricane season. 

Educate the land owner on the potential profit run the numbers and go over the basic proxy and blue prints.Make sure you have a seasoned and qualified Builder/GC because they can be a deal killer with wasted time and inflated material and extended completion dates.

@Austin TessMany lenders have a seasoning period (typically 6-12 months) before you can refinance.