I don't see how it's really cheaper to ship our raw materials to China and let them make things and then ship them back here than it would be to make things locally and save mass quantities of oil in shipping costs.

.- Scope of Work: This lays out specifically what work is to be done, in as much detail as possible- Materials List: This lists the materials that should be used for all aspects of the job, including where they should be purchased, SKU numbers, and anticipated pricing (if the prices are off, call me to figure out what to do)- Payment Schedule: This lays out when the contractor will get paid, generally using 2-5 draws (depends on scope of project and schedule)

If you assume that marketing - of which locating motivated sellers is a critical part - takes 20%-25% of your time, you can easily see how little time that leaves for the other activities you need to be doing on an on-going basis to reach your goals.By having a bird dog or bird dogs doing these things for you it allows you to better utilize the time resources you have at your disposal.

Could you share with us How long you plan to hold on to the property Expected capital and rental growth rate Vacancy rate Utilities cost Typical cap rates in the area

What about maintenance, vacancy, utilities not paid by tenant (sewer + water), administrative expenses, etc?

The woman held the property for a full 2 years, paying insurance, utilities (including heat), taxes all the while.

This way you know EXACTLY what your material costs are

Get focused material, then come back here when you need clarification.

I have created a Discounted Cash Flow model on excel that utilizes sensitivity analysis, NPV, Profitability Index and other performance ratios so that you can analyze 15 different types of property or property under 15 different economic scenarios.

Total Population within local city of $12,000 each unit has individual meters but for some reason previous owner changed units to master hence owner pays for all utilities.