Your cash flow would be $1,000 after all monthly costs if I'm not mistaken.

Hey guys - I came across this company - Offer Geek - https://ogeekholdings.com/ - where they are offering properties by also doing the entire renovation, placing a Section 8 tenant and also offering property management for you? 

I can tell you that their involvement is on the financing side only, as they work with local installer partners on the back end with the installer managing the customer relationship so Mosaic wouldn’t typically interact with the customer directly which might explain the gap in the line of communication.

I don't remember the exact figure, but what surprised us was how similar their cost came to the stick built home we chose.  

I am working with the city for approval and have a cost estimate from someone I know of 250k to build another duplex on the property and eventually multiple duplex.

If I spend money to renovate/fix up a place to rent out, can I rent it for more or at market to recoup my cost?

Building costs here are astronomical.

This could result in lower financing costs.

I want to start searching for properties to make offers, but I need to know how to estimate repair costs.

If you're pursuing foreclosed properties, visit the attorney's website to view the list of foreclosures they're managing.