Rather than figuring out how much you set aside for each of these, I would just have one all encompassing called "reserves."

I always aim to provide a fully encompassing service that includes my architectural knowledge and experience, and in depth ability to navigate municipal codes to ensure the client understands the full capacity of the property.

You will also be able to get your money back should you be able to refinance the property, this encompasses money put into the rehab and acquiring of the loan.

@Vlibhu Arya Proper and professional Property Management encompasses a wide range of tasks including requests for repairs.

I have a wealth of experience in real estate which encompasses fix/flip, long term rentals, buy/holds, wholesale, and multi family rentals!

I have a wealth of experience in real estate which encompasses fix/flip, long term rentals, buy/holds, wholesale, and multi family rentals!

I guess I should clarify what I mean by risk since it's such an encompassing term.

I think the large variety of sellers will not allow a universal platform to take off and become all-encompassing.

I think maybe just Google calendar and spreadsheet may be the answer but thought I'd ask if anyone recommends some kind of software or app that encompasses several aspects and with in conjunction te details of accounting etc...Realtor type software/prop mngmt/ flip budget cost trackers/ allocating/task assigning and allocating and possibly customer database/campaign type functions.And most importantly easy (or at least wort the effort) to use as I always end up back to million lost sticky notes.Thanks in advance

I guess I wouldn't consider it a small town area, just because the entire area encompassing Rapid City is over 100,000.