Remember the goal of building wealth through realestate is so that you can live the life of your dreams! 

Deal info:Purchasing home at: 129,900Rehab budget: 25,000ADOM: 32Current condition value (appraised in current condition): 139,000ARV: 205,000 to 220,000 comparable within 1 mile

My life of being a mini-hotel is over and I am so happy that it is lol!

This is the place for long-term goals & Arlington is ripe for a nice retirement nest egg to cash out on later in life.

I’ve read many different threads and discussions on here and I just want to sincerely thank EVERYONE on the site for all of their input because there’s no better teacher than actually life experiences and that is what BP seems to be based on.

I live in Louisville Kentucky, have been here all my life (with the exception of a brief stint in Dallas), and have lived all over the city. 

@Melinda Pajak you can look into longer term debt through life insurance companies.

@Bruce ChangSend her a document stating no mold or allergens wete found and poor Housekeeping HabIts could be causing her poor air conditions .

The contractor and your inspector are going to be able to help you determine renovation costs, so get quotes and add on 20%.Talk with the RE agent about resale and rental values on the property in current condition and ARV (after renovation value).But the best thing about this scenario is access to the owner!!

This allowing the finances to update and improve the condition of the other 5 homes.