If your average heating bill is $150, you may not collect enough in the winter months when the bill reaches $225 but you'll collect extra in the summer when it drops to $65.

I am currently looking through different markets and reading as much about the details of making this a business as I can.

Overlooking the finer details can result in negative reviews and lower booking rates.3.

I didnt provide clear enough guidance to my contractor on every last detail and the expectations of the finishing touches I needed.

You can also remove personal details from the plans to reduce the risk of someone copying your project.Now, about the budget.

I have outlined some details below and would appreciate any insight.Our background:  We flipped properties from 2018-2022 and are still licensed general contractors and real estate agents, but have not been very active in either the last two years as we both took W2 jobs in 2022. 

A great book I gift to new RE investors is Profit First by Mike Michalowicz and it goes into detail about what types of accounts to open as a business owner. 

Then think about putting extra things for safety such as lights that turn on when they sense movement or an alarm system.

We paid extra to pay it off early.

They will request some details on the property and generate a round about idea of what the cost of the study will be and what the depreciation benefits will look like.