I have a board across from my desk that has all my properties and their expenses/ income on it ( Quartet dry erase planner) i can tell you right now that the " average" cost per bedroom for a house where i invest, will cost me $175 / month. so a 4 bedroom house will run me $700 to run that house ( not including mortgage) but that's taxes, insurance, water/ sewer, utilities if i pay some, garbage, maintenance ( snow and lawn), leasing fee, and PM %. so when i look at a house to buy, i can do a quick analysis of it based on the amount of bedrooms and what my mortgage would be if i would make money, those are my standard " hard costs". yes if someone has to go there and do work, if its a contractor or one of their handyman, you will get charged for it, and that would come out of the money you allowed for such maintenance.

I am going to take the class regardless of whether or not I get the license.I plan to quit my 8-5 gig on 12/31/22 and be a self employed Accountant/Financial planner specializing in working with real estate investors and a real estate investor myself.So this can only help with that.Thanks again.Ed

First off start with a city planner so you can check the zoning of the property.  

Im not one of those guys who wants all money to be split and only having personal bank accounts, but I am a planner and know that there are best practices in business because some things happen outside of your control.Can I get some advise from people out there? 

I’m a planner, if you can’t tell.

In general your team should consist of an Attorney, Surveyor, Soil Analyst, Geologist, Environmental Engineer, Planner, Real Estate Agent, Developer and Builder.

To get there they are providing you a sounding board, insight into a crazy industry - a mortgage planner.

Call the code enforcement officers at the city planners office and ask for an officer to come inspect the property to make a determination of the legality of the property as a whole.Do not close escrow with firm proof in writing that the home is 100% up to code.Don't get bullied by agents or anyone else to proceed without proof.

Pick the person you want to "mention" and their name will appear highlighted in blue if you did it right. 2) Generally debt and retirement are not something that most financial planners I have talked to would suggest.

Does anyone know how much it should cost for a contractor's planner to do their work?