I knew where he bought the windows, flooring, baseboards, doors, etc. which made it easy to get the costs.

Same exact thing happened in real estate development in mid to late 2000's because of the "easy" money.

In August 2023, the the United States District Court, Western District of Texas, Austin Division ruled that Type 2 licenses must be made available in the same parts of the city where Type 1 (aka owner-occupied) licenses are available.

New bathrooms (2), new kitchen, relocated the laundry room, new floors, paint, AC unit, etc.We had a heck of a time demoing the house and redesigning the layout, but other than that this was a super easy and fast project.

Its easy for them to tell you how to invest in real estate since none of their money is on the hook.  

I can definitely tell you there's still a lot of positive cash flowing and 1% rule deals and you get amazing appreciation.

Very easy communication and they have vendors on call if work is needed on the house, like my did.

I sold 3 of them this month. total return of capital within 12 months, meets 1% rule, 8.6% appreciation for new builds in our market.

What are the rules for getting the landscaper to quote the job?

I can definitely tell you there's still a lot of positive cash flowing and 1% rule deals and you get amazing appreciation.