A couple more weeks of poor progress and we had enough and terminated the contract mid job even though the new abatement contractor was indicating timeline after the current abatement contractor. 

I really like EDEN, it's a great way to find the folks who temporarily need a hand but have a solid recovery plan worked out with a caseworker.

Purchase price: $25,000 This house is a work in progress and will update this accordingly.

@Dave Foster we call bifocals “progressives” now Dave...gotta stay with it!

After 7 months of looking at deals and feeling like we weren't making much progress, we came across a listing for a 3,000SF SFR on a quarter acre, with a pool and a detached garage, and 'enter at your own risk' as part of the listing description.

How much do I compensate my project manager that checks on the progress of my rehab once a week for?

The reason for this is expenses for the activity will run through to net income when in reality it maybe shouldn't be reported on your return.Furthermore, your accountant will not know what activity is complete or not.If it is for tax purposes - you must use the inventory function.If you are just trying to track the progress of the flip projects, then by all means, use the class function.

If we're talking ideals I hope for cash flow in areas that are in the path of progress.

I’m not kidding when I say that absolutely everywhere you turn there is a rehab in progress.

There is a natural progression that happens as you go through this industry.