Location: IndianapolisPurchase price: $125kClosing: $1,200Reno: $78kProjected Reno time: 3 monthsHolding costs: insurance $350 (3 months), taxes ($150), utilities ($500)All in costs on projected timeline: $205,200ARV: $260kIf I BRRRR:Rent: $1,500PM: $150New Assessed value for tax: $450/month (2%)Please help!

The property will serve as a split use as it has 2 entirely separate units with one common wall (1 house number and 1 parcel).

Be prepared to not get paid much for a couple months while you get things going, and then be prepared for the market to change and give you a dry spell.Some common expectations with having a RE license is that you'll work in a professional industry full of professional people that treat this like a business and treat colleagues as such; However that's not really how it goes.  

JUST DO IT WITH LOGIC AND COMMON SENSE.

I know on the residential side it's common among flippers and rehabbers investors.

HI all,Let me preface this by stating I've utilized the search function to go through threads for kids similar age as me who want to get into Real Estate Investing.

This is only if all the usual expenses have been accounted for (purchase, taxes utilities, holding, closing, etc.) and your re-hab budget (+15%), plus the market being in the right place or will be soon enough (which is tough to predict). 

I would suggest you set up a website also with a nice clean simple landing page to generate leads.Then you can direct your Facebook Ads or Google Adwords campaigns there and it also ads credibility.Twitter and Instagram both have paid marketing tools as well that you can utilize to build an online presence.

As long as tenant is paying all utilities then I think you can keep expenses low as you have underwritten.

This is completely common and basic to real estate .