You need to be putting away quite a healthy percentage for the later years.

Without the ability to do work yourself, have labor at cost (if you are a contractor - for example), or have market appreciation help you in the renovation period, a full BRRRR or healthy margin flip for a new investor is really difficult.Thanks for sharing.

This cost variability depends on factors such as system design, property size, soil type, and system capacity requirements.

I've been able to get a healthy combination of both cashflow and appreciation from all my properties after a little TLC.

But with all major repairs done and a cash flow of $4000/month (with healthy allowances for maintenance and cap ex) we hope to start taking a monthly cash out in a year or so....

I've been able to get a healthy combination of both cashflow and appreciation from all my properties after a little TLC.

Next week the 3 underground tanks are getting removed, soils tested, and if cleared for phase 1 or 2 then backfilled.

He waits months to "get back to you" and he's afraid to soil his relationship with the county?????

I've been able to get a healthy combination of both cashflow and appreciation from all my properties after a little TLC.

so that gives me some flexibility... but it just has not 'replaced' a healthy W2.