Our intention was to also finance the renovations, ensuring the project could move forward smoothly.

Rent collection, tenant communication, template leases, electronic lease signatures, marketing, tax form prep, move-in/move-out forms, automated email reminders, background/credit checks, this list goes on.  

Our intention was to also finance the renovations, ensuring the project could move forward smoothly.

I plan to do my first few flips locally but I'm always trying to look ahead and plan for my next move.

Chicago real estate is moving quickly and it's honestly no surprise rents are too...with less inventory for sale that also means more people are forced to rent, which in my opinion would drive up the rent.  

Good evening, My name is Sebastian Lough and I am a Texan currently living in Australia but moving back to Texas in December.

The goal is to try and do 2-3 of these projects/year. margins are too low. you need to work on finding land cheaper. look at 500 pieces of land and underwrite them and the exit. we did that for the last 8 months while we have broken ground on a few deals and we focus on where can I exit at the highest which tends to be urban core infill lots. we do this in Columbus Ohio and expanding to where I moved in miami soon. the margin you have is too low though for new construction. how many new builds do you have? 

So, now the family wants it done and is ready to move (was waiting on their property to sell). 

Depends on the market but if you are trying to market to vacationers or move upscale, then I think you need to offer a pool.

Our family is currently in another country and is moving to Los Angeles Ca in June~July.