With regards to residential units, we typically see a range of $400 to $550 in our serviceable areas of VA, DC, MD, DE, NC, and SC.

16+ years as a police officer in Delaware (13 as a public safety scuba diver) with 4 years as a licensed realtor under my belt.

The lower and loan amount you go with a tougher I will be to find de SUR lenders.

Even if you don't use PM, you should include it in the calculation just in case something changes and you need it.Here's a guide that describes what good cash flow looks like and how to analyze a property.https://www.biggerpockets.com/...Ding ding ding, I think that time comes with when rates de-escalate which happens after some market correction. 10% as held costs for all those is strong though, not sure I can find any that do that unless I price accordingly.

Typically our lending partners programs are as follows:Rates: 10% to 14% (Most Deals are 12%)Terms: 1 Day - 24 Months (Most Deals are 6 months)Fees: 2-5 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $200,000 we charge $2,500 minimum)Max Loan: 70% of After Repair Value(ARV) 100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 10 business days)We have private lending partners throughout the entire United States that cover the following states: AL, AZ, AR, CA, CO, CT, DE, FL, GA, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, OH, OK, OR, PA, RI, TN, TX, UT, VT, VA, WA, WV, WI, WY.

HD says you have to "dismantle" the floor from the edge to the affected piece but I'm thinking we could probably cut it out, then glue a new (de tongued) piece in, no??

I agree completely on the A,B,C,D,E- Z plan because this is a marathon not a sprint.

If you're talking to a seller it should be a "cash or terms" conversationGermans includes many things: subject to, lease options, wraparound mortgages, installment land contracts, installment sales on free and clear houses, joint ventures with sellers, private lenders, joint venture with credit partners, Hardmoney lenders, etcIf you're in Delaware which is a conservative state, I would first find a great contract attorney and the season 30 year vet realtor.And consider being an agent.

Ray-REI,The problem with using a Delaware LLC is that many states require you to file as a foreign entity in your own state.

Thank you @Paul De Luca always appreciate the shout-outs!