This could cost tens of thousands to repair.It also depends on the size of the home.

Hey everyone I am waiting until April to buy a 2 family house hack the property looking to buy a fixer-upper to add equity and get a decent cash flow after 750 to 1200 net, I am in between  staying or leaving to buy a place in Houston Texas since its growing now with trump tax bill capping to 10k will it be worth it to buy. what am I looking for?

I’ve read tons of books, thousands of posts, listened to hundreds of podcasts, went through a couple of extensive courses.

basically wait to advertise it for rent, so it wouldn't be deductible.

If you wait until you have a deal to find property management, contractors, etc, you’ll be under a deadline and won’t have much time to vet your team, unless you already have contacts in the area who can help. 

I currently own 9.5 rental properties worth a total of about 800 to 850 thousand that rent for about 8000 gross and if all goes well with no repairs and vacancies or insurance I pocket 6250 after expenses.

Lender says I have to wait A YEAR to do a cash-out refinance. 

I guess we just have to wait and see.

I get all kinds of ridiculous prices, that honestly some of those quotes have pushed me into DIY and in part, “I am grateful to them for that” because I have since learned a lot, but I do wish that at times, contractors would look past gender and even race before spitting out ridiculous prices.Secondly:Lack of follow-up.Not sure if it is just Denver, or if others are experiencing the same problem.Met with a contractor for come work needed on a property that I am purchasing.Seller will finance some of the repairs.Need contractor to provide a written quote.Bad enough we are having some language issues as he speaks Spanish, I don’t so communication is via google translate (oh boy).He came highly recommended, so I am trying to hang in there, but only for so long.Still waiting on him to send me the written quote.Sent out a reminder this evening asking him to provide by tomorrow or at least let me know if I should move on to find someone else.I really cannot understand what is happening with contractors in the Denver Metro Area.Perhaps they just have way too much business that if your project appears too small, then they will relax on responses?

I'm eager to start investing though, so I'm wondering what people here would do...wait until after buying the home, save up for another couple of years, then invest in something described above or take a smaller amount of money in the meantime and try a crowdsourced investment.