Our properties range from light cosmetics to demo.

Rehabs but mostly demoing old homes and replacing them with new or developing raw land for new homes. 

I sub out cleaning, demo, heavy electric or plumbing, windows/siding, roofs, concrete, garage doors, etc..  

If it is, but it's not permitted, you'll likely have to do some serious demo in order to get a city inspector to permit it.

After cost of demo, it’d be an offer of $53k.

We joked that demo would have been a blessing in disguise since this was a hoarder house.)WholesalerIn our case, there was a wholesaler who unknowingly bought the property from a scammer and then sold it to our borrower.

The glass broke in the demo!

WE HAVE FINISHED DEMO PHASE AND WE ARE GETTING READY TO START CONSTRUCTION.

You jump into the flip strategy real quick if you're spending money to demo to the studs, rewire an entire house, and throw on drywall.

@Sam KayWe use Propertyware, have experience with Buildium and have played with Appfolio and RentManager.Buildium is for smaller companies.The other three are tied, the differences being how much automation & customization you want to do.If you don't see yourself growing beyond 150 units, go with Buildium.If you're not very techy and plan to grow over 150 units, we'd recommend Appfolio.If you're techy and plan to grow over 150 units, we'd recommend Propertyware or RentManager.Of course, schedule some demos, take GREAT notes and them make your decision.FYI - there are MANY new options on the market, RentRedi, TenantCloud, Apartments.com, Hemlane, Rentec.