At this point, I would recommend having a line of credit to cover these things so you don't have money sitting in the bank doing nothing when it could be put to work.I have 33 units, no debt except for mortgages, and excellent income.

Purchase price: $137,500 ($44,000 in to the property... loan at $101,000)Appraisal: $180,000   ARV: $195,000Est rehab cost: $7,500Scenario #1: 75% LTV cash out refi at 4.25%...

Quote from @Nicholas Goerss: Hello all,I am getting ready to start looking at lender for my second conventional mortgage to buy my second property.

At the end of the day, they made me rethink the negative views many have.

I think what Charles is getting at is a very important idea that there is always more to learn and to me maintaining that mindset and humility makes someone much better in their field. 

. - just the inconvenienced existence of fixing up one project at a time.

Realistically at this price point, its hard to find a good agent.

Not to say you can't make money at the cheap brokerages, some do, but rarely do you see the most dynamic, most successful agents who are killing it at small flat fee brokerages, so be careful there.Best wishes and good luck.

A good set of architectural drawings and a well drafted contract containing payment terms, time frames,  specs or at minimum allowances that is carefully reviewed by both parties will greatly reduce most contractor disputes.

I'd definitely recommend looking at Columbus Ohio for your next multifamily!