There is one assumption:  you always assume (and plan for) the worst and hope for the best.  

Can you please explain/detail what is driving these high expense ratio assumptions?  

The numbers in the rehab costs are based on the assumption you will be doing the contractor work yourself.

“The lawsuit is far from over so VPM is going to face far more than just their own customers. 

Hi,
I come from a finance background and currently work as a software developer. I became interested in real estate investing a year ago and began my learning journey. While doing that, I faced some hurdles around ge...

Extremely user friendly, great customer support and VERY inexpensive (in comparison to having a custom site designed/hosted)

I have an idea that could make you pocket you some quick dough in our tech driven info age:Develop an app for finding absentee owners using someone on Fiverr or some techie in India for cheapCall it something snazzy like "Absentee Owner Gold"Market it like crazy online and make it available on Google Play and the Apple Store and anywhere else applicable for a cheap price like $1.99 with no refunds Have customer support via email or phone only in some foreign country where english is a fourth languageTech/info driven real estate investors buy it in drovesThey open the app and a message pops up "knock on some of the neighbors doors"Frustrated customers call/email customer support and get further frustrated by the inability to communicate with foreign customer service whose english is a fourth language but they string the customer along anyway thus buying you time to make more salesKeep it up for as long as it takes to make 6 or 7 figures Close up shop and disappear

For inspections, a great substitute would be Happy Inspector - a very thorough and customized inspection reporting software.

These investors may be able to provide you with the names of contractors and vendors who have proven track records of providing quality work at competitive prices.Another option is to research contractors and vendors online and read reviews and ratings from previous customers.

Your contractor would not have jumped on another project if he knew you were a better customer and a better project.