It's certainly worth the cost of having him review the contracts and inform you of your rights.

Construction costs are around 300K and the comps are at 500K plus. 

The hilly terrain is a main reason for this and you can't really see that on a map so knowing the areas is key.We have old housing stock as well so big things like plumbing and electrical can vary cost wise if they have or haven't been updated.

The cost of admission was worth it as I was able to make really good connections with a lot of people both in the program and not.  

Hi Eric,Great question—estimating operating expenses can definitely be tricky, especially for items like maintenance, CapEx, and make-ready costs that vary widely between properties.

House hacking is a strong option if you're comfortable managing tenants, as it allows you to build equity while reducing housing costs.

Speaking to a contractor, just to remodel 3 of the 8 buildings could cost around $750,000. 

A lot of it is the standard Buildium application, most of the extras I put in there after reading Landlording on Autopilot by Mike Butler.Application fee needs to cover all your screening costs. 

Have reserves for vacancies, repairs, and closing costs.

TIC offers lower entry costs and flexibility but comes with shared risks and complexities.