Today you can get funding for a good deal without an issue, so the business model is kind of obsolete.I used to buy BRRRR deals, but over the last years, we switched to buying homes that are in move-in ready condition.

This strategy aligns well with long-term hold and appreciation models.6.

I have been using Appsheet for other items and can create something I can send the tenants.Thanks 

He indicated that they have begun to change their business model now and they no longer sell a property until it has been permitted.  

Alternative rent models (STR, MTR, rent by room, etc.) do not necessarily do better and are more work.  

Another thing we do is check to see what items need to be addressed.

The other contractors that I have worked with gave me a full scope with detailed line items of what will be fixed, how much the labor is and how much the material is going to be.

I feel for you with your name and having a similar business model (to his supposed model not actual one I mean).

As expenses fluctuate (property taxes, insurance, maintenance items, etc), the cash flow will be up and down and unreliable.

There will be MANY more items to estimate in a real scope of work.