Quote from @Chris Wagner: Hello everyone,I have a property that had sewer damage that costs me $3300. 

You'll want a PMC that will check on the property monthly or even weekly, to keep the college students obeying the rules.This management may cost a bit more, but is well worth it!

Costs and Timeline: The process of splitting and developing lots can take time (1.5 years) and may involve significant costs for permits, construction, and other development fees.If you want to learn more about how SB-9 can work for situations like this, check out our website "CityStructure" for more info and helpful resources.

I meant 120k just to purchase the property plus renovation cost, I can even go a little higher than the 120k if the numbers make sense.

Living in the properties while fixing them up is a great way to build equity and keep costs low.

in 3 years you can pay off any mortgage 500,000 or less for $1,500 bucks.. or in 5 years a $477,000 mortgage for $100..I am implementing something new for the real estate industry, primarily to mortgage holders & the rent to own industry, as a shorter-term approach to be mortgage free, without cost being an obstacle ..

Your clients will be trusting you with some of the most expensive transactions theyll ever make and an error on your part will likely cost them thousands.

A bit pricey if you do only a few flips a year, but I'm going to give it a shot and seems if it's worth the monthly cost. 

You are adding costs and complications for no benefit at all.

Initially the numbers were 40k for rehab cost Lessons learned?