I could, in theory, just keep some money in savings to float these costs, but I'd really rather that money go to buying another property instead of sitting their floating money to pay contractors.Ryan,I know of a lender that automatically budgets 4 draws into the budget which might save you a little bit on that end, plus they defer the monthly interest payments which might keep you more liquid.As you get going there are definitely a few options, just shot you a DM and would love to help if I can.Good luck!

I gather (presume) most investors were accustomed to seeing a specific type of landscape and knew the possibilities. 

Maybe you rehab it, and simply pull out your rehab budget so that you can have an operating rental basically for free. 

It would be a good idea to review your specific situation with a CPA experienced in real estate investing.

The same holds true for investment properties as they do any loan, with regard to when you closing and not having to making a payment for a specific period of time.

I have a goal of acquiring my second rental property in 2024, specifically a house hack.

Must close as a construction loan with the land and budget .

Unless there is a specific reason to communicate there is no reason to.

If any of the "Big Five" systems (HVAC, plumbing, roof, electrical, water heater) haven't been updated recently, they still should be budgeted, even if you expense them later.Also, if you're primarily buying for cash flow, then this seems like a whole lot of work for just 7.75% CoCR!

I'm specifically looking at the Pro version to get all of the functionality.