The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

Purchase price: $630,000 Cash invested: $30,000 I was selling another property and used the 1031 exchange fund to put down the downpayment for this property, and it was cash-flowing from day one.

I'll take whatever tenant makes the most sense but I'd prefer a cash paying tenant.My experience is in the Detroit market FWIW.

Anything that involves a licensed architect or engineer providing a stamp is going to cost something, because they will review the person's work to determine if they're willing to bear the liability for that, and that takes man-hours.My previous firms always flat-out refused to stamp someone else's drawings because they had no idea whether any of it was on the level.

You can do it all cash, but if you are looking for financing, that will be difficult without GUC experience. 

A call center who knows where just can't provide that.

My advice for start up builder is U need to pay cash for the dirt to get your best loan terms.. also going to have to partner with a GC that has good experince your GC is going to either make you or break you as noted above.

Find a good cash flowing property between 2-4 units in Cleveland. 

Purchase price: $274,900 Cash invested: $66,511 Sale price: $400,000 Estimated a lot more on repair cost than actual cost.

I will be updating them as I go along but it's just a rough idea of how the property cash flows