When you get to the contract stage there is going to be fees, options, deposits, proof of funds and bank approvals.

But of course you want to build to meet demand so you don't have excessive carrying costs on your standing inventory.

Would you agree that's probably excessive for the education required?

I'm a big fan of staging homes.

This may be a basic quesstion, but I'm in the beginning stages of researching for my first investment property.

So for tile, if my designer knows our budget is $1,000, she knows not to buy tile in excess of $1,000 unless she's also doing a budget variance.

It is YOU who has the ability to negotiate a wholesale price or a hybrid with the seller.What to put in your contract offer, how soon after first inspection, making Trial Offers and Second Stage NegotiationsWhat type of contract offer to use, too many pages, not good - agent's contract - not good - a "Skinny Contract Offer - good.

How much does staging cost you?

Once I reach the required reserve, I continue leaving funds in that account with the knowledge that I can pull out any excess funds for personal use.

Then you split the 'excess profits'.Looking at your great work, you may want to go after some of the 'white elephants' in Atlanta AND/OR do new construction with retail values of $800k and up.White elephants would be like the house in the Highlands you did.