I offered to pay the difference of what it actually cost him and 3months rent (so if billed labor was $3k, I’d just pay the GC $150).Reasons why I like this:-Building rapport with this GC and his businesses-I get my reno done professionally at a heavily discounted price or potentially free-unit was going to sit empty anyways during my deployment, but now has a handy guy living in it-short term deal with the GC, at most I would sign a 6 months contract and charge the actual amount beyond the cost of renoThings I am getting done:-Laminate floors install and base boards-Cosmetic touch ups in bathroom (to include dry wall)-new front door/frame install-putting up ceiling fans -replacing cast iron pipes for sewer linesWould it be a good deal, all things considered?

In the meantime my cash is sitting in my savings account earning .02% interest :( My question is for other private lenders, where do you keep your funds while waiting for the next deal?

So this may be why this property has been sitting for a while without any offers?

Expand too slowly, and you have cash sitting idly.

It had been sitting for 6 months.

From what I recall it was something like $10-$30 per month depending on how many months you wanted to have covered. 

I don't want to push back if I am not recalling/interperting correctly.

.________________________________________________________________________________________________- Also acquired was a plot of blighted residential property, sitting on a third of an acre and located directly across the street at 104 S.

Then I'd have a sit down meeting with the plumber and go over your concerns.

When the house sits empty, my elec/water/sewer/trash bill is $90/month.