The broken vent pipe and disconnected shut-off valve should both be pretty simple fixes, maybe $200 - $300.The gas fireplace would probably have to be replaced and could cost $3,000 or more depending on what you get.

Hi John, your suggestion is so simple and yet it’s kept me up tonight.

@Bryan Eugene Long its LITERALLY as simple as get someone else to fund your deal and you have a Note, Security Deed and other docs if needed just like any lender would so your lenders money is secure. 

This is just a simple form that states "Deposit is $X" and "Monthly Rent is $X" and "There is no outstanding balance owed".

., there is no simple formula, as you need to look at upcoming Capex items for the rest of your projected hold period, and need to factor in appreciation (or stagnation) of values.  

It's that simple.

Purchase price: $160,000 Sale price: $202,000 My wife and I wanted to explore flipping a property but since we didn't have experience or a background in construction, we decided we will buy a cosmetic flip which is something that will only require simple changes to the property like replacing carpet, paint, recess lights, cabinets, bathroom tiles and a vanity.

Purchase price: $160,000 Sale price: $202,000 My wife and I wanted to explore flipping a property but since we didn't have experience or a background in construction, we decided we will buy a cosmetic flip which is something that will only require simple changes to the property like replacing carpet, paint, recess lights, cabinets, bathroom tiles and a vanity.

@Benjamin Rodriguez It’s simple….conventional loans (Fannie/Freddie) can not be made to an llc, only an individual.

Such a strong relation to the type of company and team when they err on such simple things.