Then any rehab you have those cost, they add up quick from light bulbs and batteries to water heaters and air conditioners.Once you get a tenant in it they will find things that don't work that you missed because nobody has been living there get ready for a few calls to sort things out if its been awhile since anyone lived there. 

Tons of value already,move in ready....brand new refrigerator, washer and dryer as well.Potential 5 years lease or worst-case scenario Airbnb.

Being brand new I have a lot of plans but I want essentially use private money to fund deals and get those investors a great return on their capital.

Anyway I know that PEI and Newfoundland are not the same but if you are interested I would be happy to put you in contact with him (he has not found the light that is BP yet). 

That's our branding. 

I'm brand new here and looking forward to building with you all. 1st - Say Hi2nd - Follow Me 3rd - LET'S GrOw!!!!!

Purchase price: $130,000 Cash invested: $43,000 Goal with the first OOS rental was to find a SFR that was primarily rent ready or required light rehab by Summer of 2021, with the criteria minimums of $200 pure cash flow, 10% CoC return, purchase price around the $125k range that met the 1% rule.Backstory:This property was listed on the local MLS as "coming soon" and I reached out to the listing agent directly to see if they were entertaining early offers.

Purchase price: $130,000 Cash invested: $43,000 Goal with the first OOS rental was to find a SFR that was primarily rent ready or required light rehab by Summer of 2021.

I would tread lightly.

In this hot market it seems like this makes the most sense, correct me if im wrong but the value in the quality of materials and brand new everything is probably worth the extra money in the long run.