I'm talking like a d minus area practically the projects. so by the time we get married we should be able to buy a condo with cash in a great area. what we really want is a duplex in a great area but they are about 3 times more expensive then the condo.

Thanks for all the help everyone has given by posting their experiences and best practices!

BPers,We have traditionally done a good job of staying on budget and on time with our flips, but our last couple of projects have definitely pushed us to a point where we need to implement some new strategies to improve our model.

Rents on the 2 units in the residential units would be increased in the next year, as they are at least $100 below market.My dilemma is that improvement of a roof does not add major value, and given this is considerable cost, I am not sure if it’s still a good deal.

First things first - 50 K is good money to do lot of things , These "things" might not be just exactly buying a house , but you should try to know what is the best use for that 50k which will give you a reasonable return /break even / slight loss - but the most important thing is , After that project you should gain some practical knowledge abt investing in US Another important thing that I learnt - never take anything that anyone say here as an absolute thing. we all have our blind spots and biases .

It doesn't seem like a practice that he would appricate. https://www.linkedin.com/in/vinceleisey/

Courtney Huntoon in my experience (Class A SFR and multis) incentives make everyone feel good, but don’t actually produce any improvements in NOI.

Obviously this is all dependant on ARV and budgets, etc.Again, this is all just spitballing thoughts but it still intrigues me from a standpoint that you are working together as a family group improving everyone's position.  

Would this be considered BRRRR or should I try & refinance this property after I make some improvements.

What sort of risk premium is typically applied to this sort of practice?