Not sure of the sentiment of everyone for Kris Krohn within the BP community but I’ve seen him say it’s not the benefit that you may think as you are beholden to other rules/laws that one would not be without a license.It does seem as though the cost of obtaining and maintaining a license coupled with the costs to have access to things such as the MLS would directly impact overall profits. 

Has anyone identified a creative way to get residents of properties purchased at foreclosure to leave on their own without having to pay Cash for Keys or bearing the cost of evictions?

Having a complex structure adds annual costs, but it might make more sense to enhance your insurance liability coverage instead. 

It could be permits or some issue with the contractors which could all add to your holding costs.

@Dan Creed, this is honestly in line with my general costs, but it will also depend on finish level.  

Yes, sharing our actual costs,  we need more housing but also letting people get past some of the big unknowns.   

Is there a good strategy into buying a smaller multifamily property while limiting out of pocket cost.

I'm currently looking at a few potential single-family fixer-uppers (some in Worcester, Taunton, and near Dorchester), and I could really use some expert advice on current rehab costs for different scopes of work.Here are some numbers I've gathered from my contractor friends.

You have some money, and it is wise to have cash reserves available as well as the down payment and closing costs. 

Run the common rent comps and compare that to your PITI and overall costs to analyze cash flow.