This ordeal has shed light on the risks associated with relying solely on fintech apps, particularly those that operate without a banking license and depend on third-party banks for processing.

I'm willing to be a little ambitious, considering up to quads that need light work, but my wife is leaning pretty hard on wanting a turnkey SFH.

However, the borrower projected a $21,000 light rehab job.

I sell for about 70% above my all in cost, eg purchase plus light reno totals 70k, I resell for 120k.

I do see the light at the end of the Detroit tunnel its just a little too slow moving for me.This has been a great learning experience and Ill keep coming on here to learn more!

He earned quick money as a wholesaler, and I have a house to keep)Rehab cost: $20k (vinyl floor, interior paint, new dual pane windows, new toilets and bathroom vanities, lights, new landscape, new AC condenser, all done by handyman, spent some extra money for minor plumbing and electric jobs, hydro jet sewer lines, clean up attic (had mice), added some insulationTime spent: 3 weeks (two handymen for the first two weeks, one for the last week)Value after repair: probably around $440kJobs still need to be done later: some dryrots, roof work (it's tile roof, roof doctor quoted me $9k, handyman said probably $5k, home inspector said $15k you can get a new shingle roof.

If the plumbing and fixtures are what they should be, I've found that 100% recycled TP such as Seventh Generation or Whole Foods brand flushes much more easily than the regular brands.

Personally, I am going to buy an all-cash or lightly levered deal towards the back half of the year when I exit a hard money note I've recycled for the last two years.

They can power some basic circuits for days such as a fridge, basic lighting and the all important well pump.

While visiting the house, there are numerous items which need remediation including flooring, light fixtures, landscaping, some drywall work.