When I will in a unit I instantly know how much it will take to get that unit rent ready.This is key as rehab could be from 1,000 to 15,000 per unit depending on various factors.

From RealPage 10-K page 14, they say "The principal competitive factors in our industry include total cost of ownership, level of integration with property management systems, ease of implementation, product functionality and scope, performance, security, scalability and reliability of service, brand and reputation, sales and marketing capabilities and financial resources of the provider.

However, we didn't factor in closing costs, delays and commissions.If we had sold for 95, after everything was said and done we probably wouldn't have even broken even.However, once we were finished with the job, we realized it was such a beauty that we listed it for 130.

Make sure he drills through the correct part of the joists...if he drills too close to an edge (or too close to an end), he may compromise the integrity of the entire load system.I am still confused why would investor flipping properties with LLC if it does not offer much benefits.

HML's, in my opion have a bad reputation due to the lack of professionalism, honesty and integrity of those who basically enter the arena with a sence of ruthlessness about profits driven by greed than any public service, not all, but enough to taint the barrel.Wearing a suit doesn't make you a professional, neither does a bank account, a college education or having an office.

@Steve Babiak @Jon Holdman @Steven Hamilton II ....Guys I have a couple: 1--Does the depreciation for a given year factor in the date when you made the purchase?

Actually more like 170k-180k tops minus, minus due to the factors previously described.It is definitely a solid rental market.

The $5 cash flow from 1,000 miles away would be strong factors in my decision.

How do you factor the cost of things like this into your calculations?

Just because you might have 125% debt coverage and adequate collateral with good credit doesn't mean you have the ability to endless funding, lots of factors play in to the picture that are beyond your control. :)