Brand new to real estate investing and I am looking to complete my first wholesale deal. 

Hi Thu - Congrats on your first STR purchase—so exciting!

Kitchen RenovationScope of Work:Replace all cabinets with high-end custom cabinetryInstall quartz countertopsUpgrade to stainless steel appliances (high-end brands like Thermador or Bosch)Add a large kitchen island with additional seatingInstall new tile backsplashUpdate lighting fixtures with modern pendantsRefinish or replace flooringEstimated Cost: $50,0002.

@Jason Khoury I purchased my current residence, a duplex, from a local non-profit about 5 years ago.

Brand new real estate investor.

I purchased the property from the Shelby County Land bank. 

Plus I recently got a brand new calculator, wanted to see what out of state investors though the most important aspects of deciding between to similar rates cap rates in 2 varied size apartment. 

I'd also like to try to purchase with a land trust or my LLC. 

experience: I’m on my 3rd flipage: early 40sday job: brand and web design/development retirement savings: noneI want to learn about buy and hold to secure having SOMETHING for retirement!

Flipping a brand new home likely wouldn’t bring much profit - especially after having to close twice when you first buy it, and later sell it.Maybe you have millions to spend and I’m just missing the big picture… but when I think of “income” I’m usually thinking “net income” after you factor in expenses, like purchase price or building costs?