My estimate is, even with my underwriting, cash flow in excess of $2k.

If I judge my hourly on net worth, my hourly value is in excess of $500/hour.  

Then you hope the property appreciates more in value than you loose which in Aussie it usually does.I'm waiting for it all to go to $%@# one day so I can go back and buy the cheapest houses in Aussie again lol.Just not sure they will allow me back in again because they still consider me thief that likes to "steal" properties haha

I'd rather loose 20k on a flip and get the experience first hand than spend 20k on a seminar/coaching.Just point of view.

You do not loose any data, as long as your QuickBooks is set up right and you have a process and procedure to record the transactions.So let me ask you a questions, say you post it to COGS - and I ask you what your profit is for this year. 

These four tips will help you avoid getting pitched.Help is one thing, but if you've been around the forums long enough, you will see the excessive pitching, most notably on these topics.1.

If your going to loose you can take a loss or re fi into 7-8 percent dscr loan and hold for 5 years or so that is what I am seeing with the prepayment.

Most tenants are tough on rental property but I would caution you to set aside some of the excess rents aside for reserves.

If we have more excessive heat years, the Atlantic will get crushed with this from el nino. 

Blue ridge is a mess, people are desperately trying to get rid of the STR's I know 2 or 3 people that bought in the last 2 years and ended up loosing 100k or so in a year.