If you are paying retail you don’t make money unless you can do things like add rooms or finish basements.

Set a goal to finish one BP podcast per weekday for the next 2 weeks

You need more reasons to start, and finish college than to get people to take you seriously.

In general, you want comps that have closed within the last 6 months, within a 1 mile radius of the subject property that are +/- 10% of the square footage, with similar size lots and similar finishes.

My strategy is to use base level finishes whole leasing it and replace with upgraded finishes once I'm ready to sell it in 7-10 years.

When both of our units are finished with the rehab, we plan on charging $900 a month to the new tenants, but what should I do about the other units with the tenants in them?

Hello Kathiuka, the deal looks good, however, I did notice that you had an estimated of 1 month for renovation at 30,000. renovation usually takes longer to finish, around 3-6 to finish a renovation.

Building is in cook county Illinois.

Maybe to get his skin in the game, give a big bonus if it is finished by a certain date and another bonus if it sells by another date at or above some price.He can not manage money and time. 

You'll want to find someone who has experience as well as funds and expect to keep them involved from start to finish.