Include a contingency fund of 10-20% to cover unexpected costs, as price fluctuations are common.Negotiate with Contractors: Build relationships with reliable contractors and negotiate bulk rates for ongoing projects.

I've provided additional expenses for any unexpected expenses during your first year of ownership which results in a NOI of $106,520. 

You make $1800/mo, or $21,600/yr (before taxes, and of course assuming no unexpected expenses arise).  200k/21.6k - 9.26 yrs.

They can provide a more accurate assessment and potential repair costs.When dealing with homes from the early 1900s, it's prudent to overestimate your renovation budget to account for unexpected issues.

Sounds like it is long enough that in my market you will need an electrician to add an outlet on both sides.B.

A contingency in this case means setting aside extra funds to cover any unexpected cost increases during construction.

Inspections can also cause delays, especially if unexpected issues arise that need to be corrected before moving forward.

I’m happy to talk more reach out. Let’s

I was mentioning bitcoing mining, where the solar company who is leasing your property would have an outlet to sell the power without a substation nearby. 

Since my father passed away unexpectedly, i do not have cash in hand for the deposit.