But one thing we do is if the project is extensive (which usually means more potential surprises), we'll have our service providers walk the property with us and provide more accurate estimates on their SOW.

I have a client who wants a contractor's info incase he finds a property he can give them a call and get a quote.

What I mean by that is a blanket loan is underwritten on all value of ALL the properties.

Still working on this property.  

The only difference is that there might be an explainable rationale for holding on to a property, such as a well-founded belief that equity gains are coming (such as owning a house in a rapidly growing area or property where the next commercial boom is headed), whereas with gambling your odds never change regardless of your losses.

Cap rate is only one metric to compare properties.

My partner and I buy and rehab properties, then refi and hold long term (BRRRR).  

We invested $55,000 in renovations, transforming the property into a highly desirable home.

We invested $55,000 in renovations, transforming the property into a highly desirable home.

Hello,I am in the midst of analyzing markets for my next investment property in Florida.