- You missed utilities in your holding costs- For your first rehab you should plan on a little more than 6 months, just in case- You might want to double check your tax number as taxes in NY can be pretty high- The biggest area where mistakes are made for new investors when it comes to flips and BRRRRs are in the ARV and the rehab cost.

What made you interested in investing in this type of deal?

The markets are so tight each approach (in that order) requires compounding levels of time and $$$.

What made you interested in investing in this type of deal?

What made you like Austin the best and Houston the least? 

As KnickKnack said above you want to gauge their motivation.Once you know why they are selling and when they have to be out you can really run with that info.As for saying your an investor - I generally do not use that word as that may make them think I am made of money and will pay more - but I do let them know I buy homes or put them under contract - whatever I was trying to do with that one.But I find most investors say and talk to much.

What made you interested in investing in this type of deal?

Of course the order of all that will be driven by deals and connections made a long the way.

What made you interested in investing in this type of deal?

I got an update, made a post, then realized this was an old post.