We're incorporating the prop taxes & POS costs into our overall calculations.

And then also do you typically repay each partner their upfront costs from the profits before then distributing profits?

When a water heater breaks at 9pm on a Sunday I get an email saying it happened, it’s been fixed and it cost $1200 give or take.

Initially the numbers were 40k for rehab cost Lessons learned?

He told me that without installing a sump pump system (at a cost of $12k), the foundation will continue to deteriorate, which could eventually lead to bowing basement walls—an issue that could cost upwards of $50k to fix.The inspector asked if the previous homeowner disclosed any water damage.

I prefer markets that experience mild winters to eliminate the added costs brutal winters can bring. 

Keep in mind the costs for property management, maintenance, and vacancy rates to ensure you're budgeting appropriately.

Costs and Timeline: The process of splitting and developing lots can take time (1.5 years) and may involve significant costs for permits, construction, and other development fees.If you want to learn more about how SB-9 can work for situations like this, check out our website "CityStructure" for more info and helpful resources.

Quote from @Hanna Brown: @Jay Hinrichs If the bidder at the auction pays cash for keys to get the homeowner out, does the person redeeming from the owner position (exercising rights of redemption w/in 180 days) have to reimburse them for those costs they paid to get the homeowner out? 

While the borrowing costs are higher, I’m exploring strategies where the returns could offset this.