Sometimes I'm off my numbers but generally speaking you'll get better as you go so consider this a cost of learning the business.If you want to find someone "reasonable" I'd go to local meet-ups and ask around for contractor recommendations.

Update: just talked with my agent and I learned the seller has over 10mil in assets and will put in the contract that they will pay off their mortgage with cash if for whatever reason, the property is about to foreclose- there's also no due-on-sale clause on their mortgage - I will get an attorney to look over the contract

I know that you are trying to save money by not buying a dud program off the bat and I get it, but sometimes in business there are risk.

Yes, most people I ask on here and off-line  have limited knowledge on the subject.

Do you deal with wholesalers or work off what is available on the market?

Hey Jonathan,First off, let me just say, you and your brothers are doing something incredible at such a young age!

The repair bill was about $225 which I forwarded to the management company and said I will deduct it off my rent.

Typically, tenants will pay all utilities on long term rentals, so that comes off your plate.

I’m thinking about selling one of my debt free rentals to pay off the loan of the new house – thus erasing the $3500/month loan payment.

Sometimes better to head off trouble at the pass.....