It's unfortunate to hear of his circumstance, but some people don't realize that auto mechanics, plumbers, attorneys, and surgeons, etc., are all for-profit businesses that help people in need.

Congrats, Joel.Can you tell us your background or support mechanism that provided you with confidence that "you got the financing right"?

Find an agent who knows property (not just location, but can analyze condition, mechanicals, etc)2.

Well, a good sense of humor is a defense mechanism against abuse that develops in childhood and pays dividends for the rest of your life.

Here’s the real facts; it’s HARD to scale, even is someone is very successful on a small scale it hard to FIND the same type opportunities in bulk, when you do expenses increase geometrically because most of the tasks you do will be farmed out; people are unreliable and a key investor may back out the day before his money is due; some lawyers love to kill deals, sometimes people who ‘talk a big game” don’t really have the money or courage to invest and use “my attorney killed the deal” as a face saving mechanism; and if you started investing after 2009 you have NO IDEA what a market cycle is like.  

Currently remodeled one unit and all mechanicals are updated.

Focus on increasing rents, making the curb appeal valuable, and mechanicals are huge.

By establishing clear reporting mechanisms, utilizing automated systems for acknowledgment and prioritization, and maintaining transparent communication on repair timelines, landlords can instill confidence in their tenants.

If I know it's a flip I'll look more into any potential major issues like structural, plumbing, electrical, mechanical systems etc. which flippers don't always address, and sometimes try to cover up. 

We'd call this more of a unit turn than cosmeticLight rehab (we'd call cosmetic) would be in that range but probably with no mechanical, electrical, or plumbing (MEPs)Full rehab would be between $90-$110 - with no exterior work (including no windows).Studs out - seems to be about right - IF addition meaning new foundations and all new exteriors I'd assume $175 ishNew Construction - $200-$250+ depending on level of finish.Anyway happy to talk through it in more detail...let me know and we can grab lunch or coffee!