If I have the proper margins based on solid ARV, it's getting a solid ARV and rehab costs.I have been lurking and reading all manner of RE material for a year, I made a promise to myself that I would have something under contract by end of July.  

Look for someone who can present you per line item basis, and separate labor and materials, then buy materials.

Spend some time at Home Depot or Lowe's, have a feel for material costs and speak to a couple of flippers or general contractors, be able to estimate labor with some degree of accuracy.Hope this helps!

Hey Victoria, it sounds like you and your husband have a solid grasp on what it takes to flip and most importantly remodel a home (the costs, materials, time lines etc...) which is a huge part of being successful in this business.

Ask your agent if they are currently promoting your property on these portals; if not, it could be an idea to look at agents in the area who utilise this type of marketing platform.Photography.When it comes to property, photography is possibly one of the most important aspects of marketing; this is why it must be done to a high standard.

@Robert C.Brainstorm…Connect with a music promoter and rent it to bands passing through.

New materials and paint, fixed the minor issues, updated technology, had the HOA involved.

Lifted our ceiling up for more open feel, added an elevated primary bedroom and bathroom, fresh paint and beautiful materials.

Labor, legal, construction materials will cost more as the years and decades go by with inflation so new builds have higher rents per ft on average by a large margin over existing locations.

Also, the Limited 203k is the only version of the 203k that has a provision that MAY allow the contractor to receive 50% of the material cost up front, but that's only if the contractor can prove to the lender that they don't have strong finances and need $$$ and then the lender approves their request.