Local labor rates in particular will greatly influence these costs.

However, concerns about inflation and the broader national economic policies continue to influence consumer behavior, with a trend towards more prudent spending and saving habits observed.The economic outlook for Raleigh in 2024 remains positive, with growth expected to continue at a healthy pace.

@Stefan D. thanks for sharing...this story really has nothing to do with your influence and attempt to control the uncontrollable.

Actually finding somebody who is where you want to be, and then bringing that person massive value and putting yourself within their sphere of influence is beyond powerful.Warren Buffet relays the story of when he first met his mentor, Benjamin Graham, and told him he would work for Graham for free.Graham, rightly understanding the value of the education he would be bestowing on Buffet said, "Even at free you're overpriced."

While it might influence it somewhat, the assessed value should based on "value" not sale price.

Examples of lead sources: Your sphere of influence/personal circle (including current co-workers); FSBO; Geo leads; Networking events; Expired listings; door knocking; host open houses for other Realtors; etc.- I recommend having 6-12 months reserves before quitting your job- Read books by Dan Lesniak, Gary Keller, David Greene, etc. on being a successful agent... read other RE related and business related books as well - I really like Think and grow rich, Outwitting the devil and the E-mythFeel free to reach out if you'd like to discuss further.All the best!

The third comment is that the property will influence the probable tenant.

The inspections are performed by third party vendors which Roofstock has stated they do not control or influence. 

If you're in an area with low availability of rehab lenders, then your options become limited, and you might want to really beat the bushes for a private lender in your circle of influence (that's always a good idea regardless).There are lots of hours involved in executing a rehab from searching for the candidate property to getting the check at the end.

but at some point you have to decide if a particular property is a good deal or not and that in large part can be influenced by the amount of repair costs.