Some costs I certainly overlooked on my first flip: Reatlor commissions (3% if you flat fee list yourself) is 7,800.

Even without that value add, your taxes will not stay flat for 5 years.

I stopped marketing altogether at that point. 

General contractors may have some knowledge, but it would be more limited to building codes, not approvals for development.In terms of cost consider the following: Land - apart from zoning, is it flat, sloped?

I would think this trend is contributing to rents staying flat as it's harder to increase rents dramatically on renewals than with turnovers.

Even the sheriff sale properties got bit up like crazy - that is, until they stopped doing sheriff sales altogether due to the COVID!

No way your expenses stay flat year over year.

I have flat out refused to contact people back based upon their social media.

For my own home, i had a small roof water leak and also my first floor was taking in water during rain storms...i later found out it was because my home had no gutter system and has a flat roof.

We have a .34 acre lot and the way it's situated we could have a 500-800 square foot granny flat out back for a rental.