I expect the project will be a bit cheaper than the quote because I've been sourcing materials myself which were included in the quote and was able to buy new hardwood flooring on fb marketplace as well as buying nice hardwood cabinets from Habitat Restore that will be refinished instead of buying new plus a few other fun thrifted finds to keep costs down!

But that's my two cents, work hard and have fun doing it.

Well done though, fun part with doing business is you can scale it quickly and there's always surprises on the way :)

Hahahaha thanks Steve....Oh I have missed this place, forgot how much fun Biggerpockets is!

If this is your goal to live off of rental income you will need to acquire many properties until you reach your overall goal of making enough off rents that will cover all of your living expenses plus a little extra for fun stuff.

Someone will buy that, and then have the pleasure of mowing or more fun-weed eating that to keep the city off your back.Not sure about SD, but I tell everyone you need time and money

Keeping their taxable income down is a huge advantage for you as paying that from the sale would not be the most fun, although maybe I am incorrect since the property was inherited. 

Not fun!!

@Nicholas L.Here are some fun videoshttps://youtu.be/bCRj22g5sVchttps://youtu.be/M7SrO-D2TwQ

When bought my rogers park 4 it cashflowed about $12k annually now with rent increases and one unit as airbnb I net out on tax return $40,000 off one property, sure the equity gain is higher but cashflow makes life more fun.