Times 2 years, and you'll be $3k short of your projected expenses.Now add into the mix the increase in costs from what you are using now to estimate your future CAPEX off of, and you won't have enough money...even if all goes well.Saving for CAPEX through your cash flow is a losing option.Let's just see what happens if you do have added costs, and vacancies per year:assume 1 month vacant and one month worth of added costs per year, and you would end up saving only around $4500 per year.That would put you $6k short of your 2 year estimate, and (assuming you will only have the 3 years after that) $1500 short at the 5 year mark.The HELOC is there waiting for you when you need it.

I will put you on my list for my next project.

I was driving 45 minutes away 4 days a week on a project for years.

A 1.90x equity multiple would imply that they make $190K total over the life of the project, inluding distributions, return of equity, profits at sale, etc.

I am currently looking for my second property and my lender is asking me what the projected rental income will be so he can count it towards my DTI.

However I did not find and close on these projects from the start, they were inherited.

There are a lot of variables to making development projects work out for the best, but it can help you see the bigger vision for a property instead of just carpet and paint.

Let me know if you'd like to partner on any projects.

But now I am looking to spend less time working on these projects and more with my family. plumbing, electrical ,carpentry any contactors in North Eastern Pa (scranton area)you are willing to share is appreciated

If you’re planning on one project at a time, you can decide what you want to do and what you don’t feel comfortable.