Hi Guys...Do any one know contractor can give estimate for the work need to be done before state green card  inspection in Bayonne?

If we knew we could get her into one of the good charter schools (lottery system, so pure chance to get in I guess), we might just look at a simple SFH and stay there until we die or downsize later in life.

You also want to be aware of any self-employment taxes that could be looming.You'll also want to get a CPA involved or a tax attorney from a tax standpoint... what sorts of estimated taxes do you need to pay, what kinds of cash flows can you expect.. 

Our estimated was $45k rehab which end up at $72,550.00 project.

But the way I see is I'm paying rent regardless, but wouldn't it be nice to have the chance to live for free?

Yes, a quick cosmetic flip is the answer but in most markets right now, that is no easy task to find.If you do not yet know how to estimate rehab costs, then I recommend you learn that step first as it is one of the two most important items you need (the other being knowing how to evaluate the exit value (ARV).

I am not sure how to estimate renovation cost as I/GC will need architectural drawing to determine SOW.

I am not sure how to estimate renovation cost as I/GC will need architectural drawing to determine SOW.

What strategy gives you the best chance at meeting your goals @Ian Russell?

Those five cities has the best chance to go negative, but even a few months of negative will put year over year still in the positive.