While the market has been up for quite some time now, I was just waiting for the next news story that made everyone freak out.I've actually been working with CamaPlan on this project and the experience has been great!

My rule of thumb when walking with contractors is if they talk more about themselves and past projects compared to what they will do on this project thats a hard no. 

This doesn’t include any raises or bonuses.No kids yet, but we plan to have them down the line.Both of our credit scores are over 800, and we have no debt.The plan:I know sellers don’t always love FHA loans, and they can be tough to get approved for, but I’d like to use one to make this work.

However, as we delved deeper into the project, we realized that a complete remodel would be more beneficial.

Even though they don't need major projects or much maintenance, now that we're parents and don't live there, it's still annoying when things come up. 

However, as we delved deeper into the project, we realized that a complete remodel would be more beneficial.

How much upfront costs are typically involved in a project before you know if it's a viable project to pursue? 

It often delays or even halts the project.

In my market every PM would charge more than your projected $350/month (which I already indicated is not reality) to manage two average size units in a duplex.This does not mean cash flow does not exist. 

Build a strong team, prioritize cash flow, and take the time to understand the local market and regulations, especially for development projects.