The rehab looks pretty cosmetic so I estimated under $15k.

I got a great deal on house as it was in need of a lot of cosmetic repair.

If I understand correctly, the CapEx covers routine maintenance but not major/minor repairs, which is the repairs you were referencing?

Purchase price: $200,000 Cash invested: $40,000 3 family, minor cosmetic work needed, existing tenants.

Looking at the pictures of the property (see link), the property is generally a cosmetic rehab (you'll have your punch list from the inspector).

This sounds like a half *** renovation that was cosmetic only, who knows what problems you'll find as you start to fix the problems you already know about.This sounds like a never ending really expensive time suck and no matter how good the deal I'd probably pass.

Landscaping, paint, light fixtures, lots of minor cosmetics.

Mostly cosmetic.

Since I discovered the podcast and this site, I’ve been practicing a rigid morning routine, going to local meet-ups, and flooding myself with real estate, marketing, or mindset education wherever I can find it.I am 31 years old, married, have a degree in pharmacy, and spent the last 7 years working in a hospital caring for patients and leading healthcare teams.

If I'm not licensed as a general contractor, can I still do routine maintenance work such as cleaning and mowing the lawn?