I have a good bit of seed capital to work from, the ROI on time invested on flipping one house vs. me just building another successful web property won't be worth the effort to me.

Investing in buy-and-hold real estate is planting the seed that will eventually grow into an apple tree that produces apples for the rest of your life.

I would rather see family or friends downsize to get seed capital rather than leverage up their home.

The total estimated cost seemed high for just minor repairs  ($2700-$3700, $500 of which is PM fee) There are a couple items I expected would be flagged but not mentioned:Recommended items that i think may not be needed:- Seeding back yard lawn- Remove satellite dish on roofItems I thought would need to be on list but not mentioned:- Add washer/dryer- Clean gutters- Attach electrical panel cover- Fix loose lighting fixtures, cover open junction boxThoughts?

Seed Funding How did you add value to the deal?

Plant the seed today versus saving 4-5 years for every property in savings.

Show me a REIT that puts $10k in my pocket every month over time with a $50k initial seed investment and I’ll sell all my properties and invest in it.

That is your seed money and personal debt not business debt.

Build up that account over time.The “proper” amount is a function of the age and condition of the property and or units.For an older single family house, $5,000 to $10,000 should be the minimum.For older apartments, $2,000 to $4,000 a unit should be the minimum.Some may say these numbers are too high - but if you want to sleep at night - knowing you have the cash to deal with hot water heaters that burst, or HVAC units that fail or roofs that leak; trust me if feels good to have the cash allocated to deal with whatever “Murphy” sends your way.You can “seed” this account with an initial sum and then add to it monthly from your cash flow as time goes.Hope this helps.

You should be getting at least double that in a different market.You also will need more than $10k in seed money.