Sorry, I should have been more specific; I buy a lot of my own materials but on jobs that I am completely subbing out I want materials+labor on the bid.

Would like to grow a healthy cash-flow portfolio in the next 5 years to supplement (or completely replace) retirement.

This can allow depreciation to be taken where there is otherwise taxation and the tax-deferred (or tax free) status of the retirement account can completely shelter the loan income.Some people oversimplify this to mean "don't buy real estate in an IRA" which is just misguided, in my opinion.It's really all about maximizing the performance you can get which each available financial bucket you have.

@heater R I am seeing that issue definitely I've been looking and keeping an eye on duplexes and I've seen a few that seem like they would be a good buy However I'm still very new to this and not fully confident nor completely understand how to properly evaluate a property yet.

Hey y'all, I'm a first time poster, a complete newbie, and in need of some advice.I have my eyes set on a 4plex in Florida, and boy is it in rough shape. 

First the bad, most banks will not fund the loan nor will most home owner insurance companies approve a policy until restoration and remediation is complete.

I am looking for something for myself to buy rehab completely and then refinance and live in one unit and rent the others but I am waiting for the opportunity where I can buy 30-50 cents on the dollar, so I am in no rush right now.

We are scheduled to close on Friday but have been under contract for 6 weeks while I completed my rehab.

I am interested in completing courses for my Real Estate License in South Carolina.

Once we complete the rehab I'll post those numbers as well.