See how we can twist these to make our particular models sell or seem like the greatest thing since sliced toast  LOL.These are the hidden gems that take a little more know how than just HEY buy this house my mortgage is 1k my rent is 1500 i make 200 a month .. thats very basic real estate and if you can scale it and thats what you want fine.. but there are plenty of other methods to get you serious wealth much quicker..

Not many here on BP have reached your level of success so be careful to who you listen to.

So, your property financial profile will be different throughout your timeline....and yes, the formula is 2^x = "the greatest invention of the twentieth century"...according to Albert Einstein 

Here is what we do for our BRRRR projects:Buy distressed properties (cash with private lender)Rehab is 20-30K on average Rent it out at the top of the market Refinance (we created forced equity)Repeat the process Rehabbing at a better level provides higher quality tenants and higher rents.

The greatest effect of this law will be that now, anyone that buys a tax property will have to hire an attorney.

Purchase price: $185,000 Cash invested: $106,000 Sale price: $394,100 complete interior renovation, merged two bedrooms to create master suite and vaulted ceiling, opened main floor so living, dining, kitchen and foyer all connect, in floor radiant heat (important on lower levels in Wisconsin) and custom vanities and tile in baths.

I am looking to add some square footage (add second level or add on to first floor).

I feel like you have more room to hold them accountable to a certain level of work and have clearer boundaries. 

You're analysis is right from a very high level, but there are many lower level costs that you're not considering, that Bart illustrated.

We were discussing rehabbing our first level and decided to get a line of credit in order to pay for the rehab.