If I knocked this off I would be approved for a bit more with the lower debt-to-income ratio but is it worth it?

so i currently help out with a friends rehab. the house has had some problems that we have fixed including paint work inside and outside, knocking down a wood garage in the back to create a new lot, plumbing leaks, electrical work, baseboards for heating.I have been very hands on, doing painting myself, finding multipe people to quote each job needed, knocking down the garage myself with a sledge hammer and also cutting trees myself with a chainsaw.i have noticed that some things are 1000x cheaper for me to do myself. for example i had a quote on how much it would cost to take some small trees down, the contractor wanted 100$ a tree, the total would of been 5k plus, so i went and bought a chainsaw and did it all for under 200.another example, I wanted some base boards replacing on one of the bottom floors, one plumber quoted $6,500 another quoted $1,600. now its easy for me to save money this way as this is only one building, so for you guys that have 50+ units, what measures are you taking to make sure that you're not being had by these contractors quoting crazy high prices?

So if you need anything, someone to visit properties, meet with realtors, brokers, contractors, or even just go knock on a few doors, please let me know.RespectfullyIvan 

Find out which people in pre foreclosure are not shortsales then physically knock on their doors and see if they will sell.

That's called the price of tuition at the school of hard knocks.

I assessed my tenants on them alone and went without guarantors and it's been great (knock on wood).

Knocked on the two adjoining 5 acre parcels and made it inviting to them, put options on those.Now that all these properties are tied up I went to the city with the zone changes, annexation to the city and proposal for a subdivision.

I know we are all in different places and I'm not knocking you and where you are.

Getting your teeth knocked in a couple of times really makes you change your definition of "acceptable risk."

That being said, I'm not knocking wholesaling but just cautioning against the headaches the gurus don't inform you of.