dont over think this its not that complicated. important issues are.1. cost of capital2. knowing what a deal is or is not.3. good reno crew or contractor  4. good agent that will tell you straight what its worth when done and what level you should rehab to.5. a market that is actually moving napkin math works  trying to drill down to decimal points does not.

Go to some meetings ahead of applying, talk to the members of the board and ask questions if you have any.

That way you and the owner are in agreement and you have been green-lighted to go ahead and run your business. 

The big opportunity here is creating a scenario where both parties come out ahead, especially in situations where the seller might otherwise walk away with little or no proceeds.If you’re considering moving forward with this kind of structure, I’d be happy to assist with running the numbers or exploring funding options to make it happen.

You decided to become a real estate agent.You went to school, bought your books, passed your exam, got hired by a broker, ordered business cards and took a head shot.

It is a older non rehab property but things are straight and roof, plumbing, electrical are all in good working order.

Looking forward to the journey ahead.... 

None of these things will bring success tomorrow, but with doing them consistently every day, I will wake up in 5,10,20,30,40,60 years and be miles ahead of everyone else.2) Never stop learningThere is only growth or decay, there is no middle ground.

If I were to rent both sides I would come up ahead $250 after all expenses.

Wishing you the best with your exam and your journey ahead.