Naturally, these improvements need to be carried out in a manner, and at a cost, that makes business sense.

We have some similarity in the sense of how you started out, on the contractor side.

Just trying to get a sense of typical expenses and want to make sure that i'm not way off in my estimates.

That is presuming TX law is in line with what is common in most states.

@Brandon Smith That makes sense, I will talk to the conventional banks that I am currently dealing with.

I'm sorry Ed, but what you proposing doesn't make sense and is now allowed.

It makes sense now!  

Yikes, that's awful and all too common when the homeowner isn't doing their own inspections.  

That makes complete sense.

They'll buy a house from some of these wholesalers or wholesale companies that inflate ARV and lower repairs so these inexperienced flippers end up losing money or barely breaking even (which in my opinion is losing) San Antonio has a few pockets that make sense to flip in but people know this and they're selling these houses at a price that doesn't make sense to flip.