So, basically whatever income she has will be added up, including the capital gains, into that number. 

Same framer in Charleston was 15 bucks. our painter is 2 to 2.25 a foot in and out 3 colors and includes paint..

It also includes ensuring the maintenance of accurate and organized records, which is vital for effective property management and overall tenant satisfaction.

I know there are a lot of people, investors included, that will find something wrong with a property but cover it up instead of fix it.

What I found was despite all the challenges, when you include debt pay-down I only "lost" $678.31 this month.

Based on my research (including RDPD), it seems that minimizing the initial down payment and using available cash for further investments is what's advised (+ pull more money from refinance when the value increases later).

Based on a rough analysis for a project timeline, I believe the total project can be completed in 5-7 months with the team I have available if we get involved in completing the work on the project.Deal Analysis as a whole - Actual Costs may be slightly different but estimates should be fairly closePost Construction Estimated Market Value - Lot 1: $379,000 Lot 2: $307,000 Total Estimated Market Value $686,000+- $102,000 - Cost to payoff HML & Previous Builder- $154,800 - Estimated Cost to complete House #1- $170,370 - Estimated Cost to complete House #2: Includes New Well/Septic $7500, Impact Fees $2100, Permits $1000= $427,170 - Estimated Cost to Payoff HML, Complete Construction on House #1, and Construct House #2+ $686,000 - Total Future Market Value- $20,580 - 3% Buyer Agent commissions as the current owner(Listing Agent) will be listing these properties without compensation- $2,538 - Real Estate Transfer Taxes- $1,500 - Settlement Costs Paid at Closing______________________________________________ $234,212- $27,900 - Payment to Seller for Down Payment made by seller to HML @ Origination (For her to break even)= $206,312 - Potential Return before any Interest/Fees/Taxes/EtcROI: 45.3%RoR: 68.9% PM: 30.07% Acquisition/Exit: 8 MonthsI've spoken to a few HM Lenders and ran rough numbers by them.

Those cities include Atlanta, Charlotte, Las Vegas, Nashville, Philadelphia, and Phoenix.

I'm in Madison, WI with pretty high property taxes (around 2% of the value/purchase price) and also think the quick ballpark 45-50% expense ratio is pretty close for operating expenses including reserves, assumed management, taxes, maintenance...At this time with higher interest rates, and continued upward prices, cash flow is pretty slim.   

That is also why when I analyze every deal, I include those costs in the deal to make sure the numbers work .