They have a 24 hour head start from the other generic agents.Good luck and hope it had a different perspective!

There are supplemental origination fees, inspection fees, safety buffer contingencies for the rehab.

If your portfolio lender won't give you a generic POF letter with a purchase amount your approved for then find a new hard money lender (HML).

I was considering a third purchase- out of state turnkey property, short term vacation rental, SFH, codo, etc then I started doing some thinking...My ultimate goal is to own enough property within the next 5 years to supplement my income and cut back substantially. 

I want to learn from the best and really build a professional real estate investment portfolio to supplement my income and provide more financial flexibility and time for my family. 

Not gonna fly.Also, ADU is kind of a generic term.

You probably want to be careful about advertising too unless its one of those generic "I buy homes for cash" signs on the telephone pole.

I got mine to supplement my income and also to gain access to the MLS.

In the next few months I'll be starting to put a team together; I'm looking at the Cincinnati or Dayton OH area for my first property.My plan is to use REI as a way to supplement my income (my day job is physical therapy) and build a nice RE portfolio to allow my family to travel and retire by the time I'm 55.I want to thank everyone who contributes to this site, the information on here is awesome.Look forward to connecting!!

Most of the numbers are driven off of generic percentages; 20% down payment, 20% of purchase price for rehab, 5% for closing costs, 6% for vacancy, and 50% for operating expenses.