AI can do driving for dollars and it's 102.3X - 300X more efficient than manually or virtually driving for dollars... follow the math below:The major difference between manually (or virtually) driving for dollars, and using AI, is the efficiency and cost savings.

An agent here was recently censured and fined for selling a house that he had rehabbed but did not own.

And then I'm keeping the smaller ones and doing some bigger ones (3bedroom 2,000 to 2,400 sq ft) that will remain as holds.Keep in mind that as a builder my cost basis is better than people paying retail. 

How much would it cost for material and labor for a 985 square-foot house?

Now in this scenario I may have maybe $10K to $20K for both a down payment (on an actual rental property which I will rent out) and repair/CapEx/Vacancy costs.

Picks them up for 10-20k, rehab enough to rent.

(To qualify for section 121 tax exempt on portion of sale.). 2) what do you think your net profit would be after selling costs?

Then we have an opportunity to purchase an investment property with a partner and the expected cost per partner is 137,500 with the expected rent per partner to be about 1,600. 

I know which product that you are referring to. the conventional mtg product has the following features. 1. minimum 15% down payment 2. 30 yr fixed term 3. rehab and repairs can be included in financing 4. borrower can be a first time investor. 5. no prepayment penalty. 6. the contractor will receive an initial draw at the closing table. 7.

For example, now incur 3 months of carrying costs and then have to sell for $20k less those extra costs are your damages that you could claim against the seller.