Or is it normal to ask for quite a bit more off due to the potential effects of the water damage.

Next, with the rapid appreciation, the repair cost has nearly doubled.

This setup allows me to maintain my current income while being physically present in Missouri to actively manage our real estate investments.My BRRRR Strategy:My goal is to identify single-family homes or small multi-family units that need some rehab work, ideally in neighborhoods with strong rental demand and growth potential.

Have you run the deal through a BRRRR calculator to account for holding costs, closing costs, finance costs, etc?   

Here in Reno, NV we analyze over 1800 deals and find the best cash flow potential and value add opportunities. 

To overcome this, you can focus on building strong relationships with potential investors by attending networking events and sharing your track record.

If you’re just saying the survey cost of getting the existing building layout documented is too much, you might be able to get creative and avoid the costs, but it’s not a great bet to make. 

In this scenario, the builder typically constructs the property at cost and provides transparency by sharing invoices and costs from subcontractors.

With respect to how much it costs for a buyout, the City of San Francisco required the collection of this data starting almost 10 years ago back in 2015. 

Purchases Price 170,000 Cash invested 35,000Hard money at 10%Repair cost: 40,000ARV: 275,000 (TBD!)