Partner Driven financed the W 7th Ave deal using its own capital, covering the $304,000 purchase price and $40,000 in renovation costs.

Partner Driven financed the Sandspring Dr deal using its own capital, covering the $200,000 purchase price and $30,000 in renovation costs.

Any costs directly associated with building the basement apartment, such as separate entrances, kitchen installations, and bathroom fixtures, can be directly allocated to the rental portion. 

Partner Driven financed the Peter St deal using its own capital, covering the $25,000 purchase price and $20,000 in renovation costs.

Properties in this location may vary in age and upkeep, impacting maintenance costs and potential rental income.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620, many blemishes, but should have no evictions in last 2 years.

(I can't remember exactly to be honest, but we charge about what it costs us to run the background check.)I would definitely recommend doing that.

A key component to cash flow will be loan terms..you could consider trying to incorporate a seller concession towards an interest rate buy down or costs to help improve cash on cash returns.

Partner Driven financed the Jenner Cir deal using its own capital, covering the $300,000 purchase price and $20,000 to $30,000 in renovation costs.

There can be big costs to join this group, but if you follow the system and need a lot of mentorship, it might be worth the investment.