@Will Fraser Algarve, Portugal...one if the safest countries in the world, good health care, great weather all year around, excellent food and inexpensive ...oh yeah..beautiful beaches in this most southern part of europe..

We enjoyed a beautiful home and neighborhood to live in for a few years and ended up profiting on the deal in the end.

Fantastic, looks beautiful. 

Now Florida a state with a local economy that has likely been ravaged by the pandemic given its devastating impact on tourism and travel is witnessing a massive boom in home prices and turns out home sales are up double digits while net population is declining.

@Steve W It’s true = you will find no cash flow opportunities there and so many other places.

My wildest one was taken away by Federal agents and moved in to witness protection, I have no clue what happened all I know is the agents were there showed their badges and paperwork, and the tenant and their personal items were gone in about an hour. 

invested $13,000 into "beauty" (LVT, paint, fixtures, fridge, etc.) and some other items like a back door and bathroom window.

I usually use 75% of the ARV so in your analyzed that amount would be $60,000Another thing to note, your repairs, CAPex reserves will be determined by the work that will be done for eg: if you are getting a new roof, new HVAC,etc, u can budget around 4-5%, check wit your property manager to determine the vacancy rate as still will be determined by the area as well.

I witnessed how capital raising works and how to present a deal to investors.

Beautiful home, very nice Fic N Flip.