We've been reinvesting the money from the beach property into the other, but once we are up and running in the JT property we are going to be rocking and rolling.  

____Repair cost break down___Roof - repair price depends on home SQFT, type of roof + any know damageHVAC - replacing a Condenser (outside unit), handler (inside unit), ducts or possibly replacing all together Electric - cost depends on the job - replacing panel, running new wires, adding or repairing electric to an areaHot water tank - cost of tank + labor + ( some plumbing components)Windows - cost per window + labor cost per/windowPaint- cost is price per/sqft, varies if painter are painting trim, primer, how many coats, interior or exterior Sheet rock work - how many sheets 4x8 sheets will they Demo and replace Flooring - normally charge per/sqft - find the cost of the floor you want and multiple by your sqft and add the labor cost per/sqftkitchen - cabinets ( price per cabinet + labor to build and install) - counter top cost, price for material sqft and price per sqft of to fabricate, cut, and installAppliances - cost of appliance + install Bathroom remodel - depends on the size and quality finish - i start with finding the price for a small standard 5x7 bathroom and move upPlumbing - cost depends on the size of the job and scope of workThe above information is a quick break down of how to get rough estimate of rehab cost.

Your paperwork needs to be rock solid (making sure no equitable interest is transferred, the seller can NOT sell the property from up under the TB, the down payment that the TB puts down will be counted as their down payment AND making sure that if the tenant buyers doesn’t buy it is explicit that they do not get that 3.5%-5% back)My biggest suggestion is to make sure the tenant-buyer is NOT a typical renter.

My first deal was a SF 3/2 in Round Rock, Texas outside of Austin.

I had one tenant who kept complaining about people walking loud above him, so the top tenant was very cooperative and didn't wear shoes in the house but it still didn't satisfy the bottom tenant so he had to go.

I am new to Commercial investing, but I had an idea recently to turn an older movie theater that had gone out of business into a rock climbing gym.

I've actually seen a legal description that included "north from the flint rock to the south side of Blood Creek". 

This one was old and had a very loud alarm and a big red button that said SILENCE ALARM.

Utilize an agent and build a relationship with a rock star. 

My neighbors routinely have late-night parties in their backyard that are loud and go on later than my wife and I would like, and that situation is indistinguishable from your neighbors having a religious ceremony.