Quote from @Kurtis Carriere: I Am currently in the finishing stages of building my own house in Ontario, Canada and looking to sell and relocate to texas (likely DFW area)i have done 90% of the work on this project by myself so im confident in my ability to do any and all repairs on the property. 

That being said, do you have any contacts you recommend for repairs?

Today is all about framing, roofing, and exterior repairs—basically, the backbone of your rehab.

Management & Leasing FeesManagement Fee: 10% of the monthly rent = $180/monthLeasing Fee (Tenant Placement): 60% of one month’s rent = $1,080 (one-time)Lease Renewal Fee: $250 per lease renewalUpfront & Annual FeesOnboarding Fee: $350 (one-time for setting up the property)Annual Administrative Fee: $45 per year (for statements and 1099s)Reserve Fund Requirement: $300 (held for maintenance and expenses)Maintenance & RepairsOrdinary Maintenance: Any repair costs exceeding $300 require owner approval.Emergency Repairs: Up to $300 without prior approval; HVAC, plumbing, and electrical repairs can go up to $500 without approval.Home Warranty Claim Handling: $40 per claim (if applicable).Multiple Quotes Request Fee: $100 per request if you require multiple vendor quotes.HVAC Filter Supply Fee: $195 per year per HVAC unit.Repairs & Improvements: 10% markup over vendor invoice cost.Additional FeesInterest on Unpaid Sums: 10% late fee with a $39 minimum per month.Paper Check Administrative Fee: $20 per check if not using direct deposit.Insurance Documentation Penalty: $40 per month if proof of insurance is not provided.Eviction Protection Program (Optional): $15/monthProperty Damage Protection Program (Optional): $25/monthTermination FeesEarly Termination Fee: Equal to the management fees for the remaining lease term.Vacant Property Termination Fee: $500 if no tenant is in place.Transfer to Another Manager: $500 file transfer fee. 

Vacancy + Maintenance/Repair figures you are using will only work for Class A properties. 

This is because we only need 1 side of the transaction - Example: you spent $800 on repairs.

Most that I’ve looked at over the last couple of years you are just retail price after you factor in repairs.

Will use round numbers to simplify the conclusion we came to, but it ended up making more sense for them to sell as-is versus go through the remodel process...AS-IS VALUE: $550,000REHAB ESTIMATE: $250,000AFTER-REPAIR-VALUE: $850,000-$900,000There was the possibility of making a *little* bit more if they went the rehab route.

Off-market deals help you avoid this by giving you the opportunity to negotiate directly with the seller and secure a better price.Underestimating Repair Costs – Make sure you account for all repairs and renovations when purchasing a property.

This is our first investment together so we're exploring financing options.Wondering if anyone has trusted contacts in private lending/hard money who are able to fund ~$400k in acquisition cost and ~$250-300k in repairs?