While I do take into consideration all the relevant expenses when I vet a property I still like to see at least $200/door cash flow so I can more easily build up my reserves and have some money to work with.  

. $100k expenses.

Being a rehab loan it was still fairly expensive.   

Increase earnings, reduce expenses, save up, and invest.

Most home owners are only familiar with California Closets pricing and automatically perceive closet fit outs as being expensive.

Now these are seen as both risky and exorbitantly expensive to comply with all of the nuance in the PLRs. 

Setting up an LLC may allow for deductible expenses, and investing in municipal bonds could provide tax-free interest.This post does not create a CPA-Client relationship.

Trying to do my due diligence and research reviews on them before making this expense.  

If this is correct, how much are you cash flowing each month after you pay your operating expenses and make your loan payment?

According to Realtor.com, EMD is typically between 1% and 2% of the total home price and is money you pay as a show of good faith when you make an offer on a house.But, it’s not an added expense.