Almost all properties need some level of work, so if you drain your accounts just to buy a property, you could be in a world of hurt later on.

.: I am trying to learn and understand... someone told me that its not just size of the home or level of the flip that determines profit, and that in some markets, what is considered a typical profit is 300k based on the 70% ARV formula.

And I find many tenants in this class level really connect with it if there an ideal tenant.

Contractors stated that he does surface level cosmetic fixes as fast as possible to pass inspections.

The level of pain you experience evicting someone really depends on the state you live in.

It is not always about stats.Recommendations:Neighborhood-Level Research: Don't just look at city-wide data.

What is the appreciation, condition, community, class level and vacancy rates?

And the top tier agents have their ego at the deal level.

Example: owner bought $1 million SFH in San Francisco as primary, built 400 sq fit ADU, lives in ADU is making gross rental income STR  renting out two levels of main house, grosses $13,000 month.

Again, others might feel differently here.3) property level due diligence: (takes seconds to weeks per deal): here is where I drill in with the low-level details.a) pro forma popping: I examine all the assumptions, and see if they are overoptimistic or not.