thanks PS I am new to investing, I have a lot of idea, but with limited funds I'm not sure what to jump into.

Some lenders used to limit the number of mortgages for people like me--not a lot of money!

I see your point regarding limited resources Salsa and waiting for the right time.

In my own limited contractor experience, I always figured my time and materials as accurately as possible and then factored a 10% profit margin on top of that.I would think that any software would have to somehow be locally calibrated, because material and labor cost can vary dramatically from region to region.

Thanks, and please humor my limited nderstanind of this process - I'm a tech guy:)

i'm guessing, but if it's cost now is $600 per (whatever they measure it by)...that's not necessarily low.

Besides, your full time job is in the computer field; as a CTO, I can tell you that for the most part, outside of management, degrees don't measure up to certifications and experience.

that's understandable - but unless you work 95 hours a week at that "job" you have in the family business - then you're limiting yourself.figure it out.

Single family homes @ 70% ARV or less Single family portfolios of 20 homes or more @65% ARV or less Nationwide: Condo conversions, 200 units minimum Large apartment complexes @75% ARV or less Subdivisions Luxury homes @ 70% ARV - $250K and up - no limit Resort Properties Single family homes @ 70% ARV or less Portfolios of homes @65% ARV or less Bank Foreclosure PortfoliosBob Peterson513-321-1081 If it's busy or no answer, call my cell, please.513-314-8322 cellEastern TimeAll messages are kept in strict confidence.

This will limit your exposure to vacancy losses, which are the BIGGEST killer when it comes to rentals.