Consider the down payment, closing fees, remodeling budget, and financial reserves while saving for a house worth $100-150k.

If you want to network or ask specific questions about your local market, go to your local real estate forum and connect with investors from your area: https://www.biggerpockets.com/forums/86-local-real-estate-networking5.

In the scenario I observed, it was the closing attorney getting title insurance where the hard money lender wanted 115% coverage which inflated the cost.

The issue is that the relinquished property in Boston is held in our partnership LLC, and in order to satisfy the 1031 Exchange requirements, we *MUST* close and take title under the same name on both the buy & sell side.

To name a few HVAC for unit 1 is 20 years old and could not fully inspect the heat, the pipe to the sewer has completely dropped and is not connected, in basement the window header, subflooring and joists are damaged from termite activity, and their needs to be some tuckpointing and masonry work done for the exterior brick. 

Happy to connect.

This would include local resources with other builder connections should you want to consider switching builders, local property managers to assist with leasing of the home, local brokers to assist with selling of the home once completed or that can stop by to check on progress of the build, local insurance providers, lenders, CPAs, RE Attorney's, tax advisors, etc.

City catch basin getting closed with leaves and debris which city is not maintaining at all. 

In the middle of a sale of my parents condo and it's been 5 months and we have not closed due to title companie's lack of communication, instruction and then bringing an outside attorney into the fold to assist that has dragged this on even further.

Let me know if you want to connect with him.