., I look at worst case of what would it cost to roll-back all changes and add that in. 

Biggest things you’ll want your cpa to guide you through;Material participation- there’s three tests; 500 hours; 100 hours and more than anyone else’s time, and substantially all the activity.

---Start of Text----"""POWER OF FLIPPING Case Study with $50,000We see that the $50,000 investment made a $41,125 gain the first year in business, turning $50,000 into $91,125, which you roll into the next flip.

This will allow you to split test the results with the agency and also gain experience with managing a team. 

It was a big test.

Loan Sizing Parameters: LTV, DCR, DY, amortization, stress tests, exit tests, etc.3. 

Another thing is if you have black mold and you gut the property make sure you clean the air as well as you will still test positive for black mold, the spores can be floating around in the air still even if everything was removed! 

Now is not the time to “test the market” with an ambitious price to “see what happens.”

It took a lot of testing to figure out how to optimize my text messaging campaigns, and now I can do it without any issues.If the process is frustrating, please do not give up on it because you can position yourself as the sole investor solution to many homeowners in your market.

We’re currently using it for multi-family properties in a few core markets.While redIQ is a much more sophisticated tool that focuses on properties with over 50 units, our system is perfect for properties up to 50 units, providing an efficient solution for managing lead intake and financial analysis without the complexity of larger systems.Here’s how it works:Lead Intake & Processing: Automatically processes broker emails and key documents (OMs, Rent Rolls, T12s, etc.).Quick Review: Evaluates leads based on key metrics like IRR, price per unit, and more.Detailed Analysis: Extracts data from documents, evaluates financials, and identifies additional income sources.Market Research Integration: Automates checks on flood zones, demographics, school quality, etc.Deal Tracking: Uses Google Sheets to visually organize lead data—while not a full database system, it provides a simple and efficient way to store and track deals without the need for a full-fledged database like MongoDB.Financial Analysis: Built-in underwriting and financial modeling with automated reports.In addition to ZCG, I also own a portfolio of properties.